FirmaIQ
Org.nr 981 097 084 2015 → 2016 Year-over-year analysis

ACANTHUS UTVIKLING AS: årsregnskap 2016 vs 2015

Weaker earnings, cash halved-plus

approved 2017-03-27; registry 2017-04-11; journal 2017 271297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACANTHUS UTVIKLING AS. Revenue 8.36m NOK → 8.75m NOK (+4.7%). Net result +53.69m NOK → +12.32m NOK. Equity 58.43m NOK → 56.75m NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ACANTHUS UTVIKLING AS.

At a glance

Scorecard

Revenue
8.36m NOK 8.75m NOK
+4.7%
Net result
+53.69m NOK +12.32m NOK
-77.1%
Equity
58.43m NOK 56.75m NOK
-2.9%
Cash
42.37m NOK 9.21m NOK
-78.3%
Total assets
88.99m NOK 80.34m NOK
-9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.36m NOK to 8.75m NOK (+4.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +53.69m NOK → +12.32m NOK (net margin 642.2% → 140.7%). Calculated

  • ↓

    Equity eroded

    Book equity 58.43m NOK → 56.75m NOK (equity ratio 65.7% → 70.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 42.37m NOK → 9.21m NOK (-78.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (42.37m NOK → 9.21m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 1.44m NOK → 2.89m NOK (17% → 33% of revenue). Calculated