Org.nr 998 610 192 2015 → 2016 Year-over-year analysis

ACCOUNTIT HYLLE14 AS: årsregnskap 2016 vs 2015

Shrank 31% on revenue

approved 2017-06-30; registry 2017-08-03; journal 2017 820846

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACCOUNTIT HYLLE14 AS. Revenue 1.06m NOK → 732.5k NOK (-31.1%). Equity -41.2k NOK → -106.7k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE14 AS.

At a glance

Revenue

1.06m NOK 732.5k NOK

-31.1%

Equity

-41.2k NOK -106.7k NOK

-158.9%

Cash

7 815 NOK 22.7k NOK

+191.0%

Total assets

259.0k NOK 209.9k NOK

-18.9%

↑
Cash rose

Bank deposits 7 815 NOK → 22.7k NOK (+191.0% YoY). Calculated
↑
Payroll decreased

Salary cost 907.6k NOK → 477.2k NOK (85% → 65% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.06m NOK to 732.5k NOK (-31.1% YoY). Calculated
↓
Equity eroded

Book equity -41.2k NOK → -106.7k NOK (equity ratio -15.9% → -50.8%). Calculated

·
Thin equity buffer

Equity ratio is -50.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation