ACCESS EVENT AS: årsregnskap 2016 vs 2015
Shrank 86% on revenue, weaker earnings
approved 2017-06-30; registry 2017-08-05; journal 2017 837458
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCESS EVENT AS. Revenue 2.58m NOK → 359.1k NOK (-86.1%). Net result -74.0k NOK → -398.0k NOK. Equity 1.56m NOK → 1.16m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCESS EVENT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 257.4k NOK → 513.6k NOK (+99.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.58m NOK to 359.1k NOK (-86.1% YoY). Calculated
-
↓
Operating result weakened
Operating result -281.1k NOK → -398.0k NOK (op. margin -10.9% → -110.8%). Calculated
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↓
Net result weakened
Net result -74.0k NOK → -398.0k NOK (net margin -2.9% → -110.8%). Calculated
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↓
Equity eroded
Book equity 1.56m NOK → 1.16m NOK (equity ratio 57.7% → 15.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.50m NOK → 362.5k NOK (-85.5% YoY). Calculated