FirmaIQ
Org.nr 898 734 242 2015 → 2016 Year-over-year analysis

ACE WELL TECHNOLOGY AS: årsregnskap 2016 vs 2015

Grew 14% on revenue, cash halved-plus, fresh owner capital

approved 2017-04-24; registry 2017-05-11; journal 2017 316544

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACE WELL TECHNOLOGY AS. Revenue 6.82m NOK → 7.74m NOK (+13.6%).

On the constructive side: revenue rose; owners injected capital. Pressures included: cash fell.

Also worth watching: operating result unchanged; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACE WELL TECHNOLOGY AS.

At a glance

Scorecard

Revenue
6.82m NOK 7.74m NOK
+13.6%
Operating result
+2 017 NOK +2 017 NOK
0.0%
Cash
5.74m NOK 2.57m NOK
-55.3%
Total assets
14.65m NOK 21.30m NOK
+45.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.82m NOK to 7.74m NOK (+13.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 25.32m NOK → 35.22m NOK (+9.91m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.74m NOK → 2.57m NOK (-55.3% YoY). Calculated

Things to notice

  • ·

    Operating result unchanged

    Operating result +2 017 NOK → +2 017 NOK (op. margin 0.0% → 0.0%). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.33m NOK → 5.76m NOK (+147.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 223 NOK → 2 079 NOK. Reported fact