Org.nr 812 702 742 2015 → 2016 Year-over-year analysis

ACEVE NORGE AS: årsregnskap 2016 vs 2015

Grew 2043% on revenue, stronger earnings

approved 2017-06-30; registry 2017-08-02; journal 2017 808998

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ACEVE NORGE AS. Revenue 87.7k NOK → 1.88m NOK (+2043.3%). Net result +5 622 NOK → +296.0k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACEVE NORGE AS.

Scorecard

Revenue
87.7k NOK 1.88m NOK
+2043.3%
Operating result
+647.4k NOK +150.2k NOK
-76.8%
Net result
+5 622 NOK +296.0k NOK
+5164.7%
Equity
337.2k NOK n/m
—
Cash
352.1k NOK 483.1k NOK
+37.2%
Total assets
586.2k NOK 7.48m NOK
+1176.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 87.7k NOK to 1.88m NOK (+2043.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +5 622 NOK → +296.0k NOK (net margin 6.4% → 15.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 352.1k NOK → 483.1k NOK (+37.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.63× → 7.46×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +647.4k NOK → +150.2k NOK (op. margin 738.6% → 8.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 717.5k NOK → 267.5k NOK — check capital reduction, conversion, or reclassification. Interpretation