ACCONOR AS: årsregnskap 2016 vs 2015
Grew 7376% on revenue, weaker earnings, fresh owner capital
approved 2017-02-16; registry 2017-05-27; journal 2017 349542
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCONOR AS. Revenue 50.9k NOK → 3.80m NOK (+7376.4%). Net result +3.80bn NOK → +2 016 NOK. Equity 36.4k NOK → 24.7k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACCONOR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 50.9k NOK to 3.80m NOK (+7376.4% YoY). Calculated
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Operating result improved
Operating result -1 993 NOK → +113.2k NOK (op. margin -3.9% → 3.0%). Calculated
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Cash rose
Bank deposits 73.7k NOK → 349.9k NOK (+375.1% YoY). Calculated
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Owners injected capital
Paid-in equity rose 21.0k NOK → 30.0k NOK (+9 000 NOK). Reported fact
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Payroll decreased
Salary cost 191.0k NOK → 128.7k NOK (375% → 3% of revenue). Calculated
What deteriorated
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Net result weakened
Net result +3.80bn NOK → +2 016 NOK (net margin 7476425.7% → 0.1%). Calculated
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Equity eroded
Book equity 36.4k NOK → 24.7k NOK (equity ratio 28.0% → 6.2%). Calculated
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Current ratio dropped below 1×
Current ratio 1.39× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 759.8k NOK → 322.0k NOK (-57.6% YoY). Calculated