ACHILLES FINANS AS: årsregnskap 2016 vs 2015
Shrank 74% on revenue, returned to profit, cash halved-plus
approved 2017-03-30; registry 2017-04-04; journal 2017 259221
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACHILLES FINANS AS. Revenue 578.0k NOK → 148.0k NOK (-74.4%). Net result -47.1k NOK → +795.4k NOK. Equity 4.17m NOK → 4.97m NOK.
On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 47.1k NOK to a profit of 795.4k NOK. Calculated
-
↑
Equity strengthened
Book equity 4.17m NOK → 4.97m NOK (equity ratio 61.8% → 67.0%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 200 NOK → 200.0k NOK (+199.8k NOK). Reported fact
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↑
Payroll decreased
Salary cost 177.8k NOK → 162.1k NOK (31% → 110% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 578.0k NOK to 148.0k NOK (-74.4% YoY). Calculated
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↓
Operating result weakened
Operating result +248.9k NOK → -152.4k NOK (op. margin 43.1% → -103.0%). Calculated
-
↓
Cash fell
Bank deposits 26.9k NOK → 64 NOK (-99.8% YoY). Calculated