ACCESS LÅSSPESIALISTEN AS: årsregnskap 2016 vs 2015
Shrank 6% on revenue, stronger earnings
approved 2017-06-30; registry 2017-08-07; journal 2017 822398
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCESS LÅSSPESIALISTEN AS. Revenue 18.38m NOK → 17.31m NOK (-5.9%). Net result -217.52bn NOK → -347.7k NOK. Equity 1.60m NOK → 1.25m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCESS LÅSSPESIALISTEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -33.91bn NOK → +351 NOK (op. margin -184443.2% → 0.0%). Calculated
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Net result improved
Net result -217.52bn NOK → -347.7k NOK (net margin -1183159.0% → -2.0%). Calculated
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Payroll decreased
Salary cost 7.74m NOK → 7.42m NOK (42% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.38m NOK to 17.31m NOK (-5.9% YoY). Calculated
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↓
Equity eroded
Book equity 1.60m NOK → 1.25m NOK (equity ratio 24.8% → 22.6%). Calculated
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↓
Cash fell
Bank deposits 848.8k NOK → 629.7k NOK (-25.8% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 6.51m NOK → 5.96m NOK (-8.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 504.8k NOK → 126.3k NOK. Reported fact