AC-SUNCARE INSTITUTE AS: årsregnskap 2016 vs 2015
Shrank 45% on revenue, slipped into loss
approved 2017-05-30; registry 2017-06-13; journal 2017 433615
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AC-SUNCARE INSTITUTE AS. Revenue 220.2k NOK → 121.1k NOK (-45.0%). Net result +123.4k NOK → -18.0k NOK. Equity -3.14m NOK → -3.16m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC-SUNCARE INSTITUTE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 252.8k NOK → 254.6k NOK (+0.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 220.2k NOK to 121.1k NOK (-45.0% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 123.4k NOK profit to a loss of 18.0k NOK. Calculated
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↓
Equity eroded
Book equity -3.14m NOK → -3.16m NOK (equity ratio -670.7% → -774.5%). Calculated
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↓
COGS moved
COGS / varekostnad 50.2k NOK → 57.2k NOK (+13.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -774.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation