ACCOUNTRA SOFTWARE AS: årsregnskap 2016 vs 2015
Grew 10% on revenue, cash halved-plus
approved 2017-08-21; registry 2018-03-03; journal 2018 218741
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCOUNTRA SOFTWARE AS. Revenue 1.89m NOK → 2.07m NOK (+9.8%). Equity 100.0k NOK → 100.6k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.89m NOK to 2.07m NOK (+9.8% YoY). Calculated
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↑
Operating result improved
Operating result +749.7k NOK → +876.4k NOK (op. margin 39.7% → 42.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 609.7k NOK → 17.2k NOK (-97.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.04m NOK → 1.08m NOK (55% → 52% of revenue). Calculated