FirmaIQ
Org.nr 980 430 596 2015 → 2016 Year-over-year analysis

ACHILLES INFORMATION AS: årsregnskap 2016 vs 2015

Shrank 9% on revenue

approved 2016-07-18; registry 2017-01-30; journal 2017 203917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACHILLES INFORMATION AS. Revenue 54.01m NOK → 48.94m NOK (-9.4%). Equity 8.92m NOK → 3.00m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
54.01m NOK 48.94m NOK
-9.4%
Equity
8.92m NOK 3.00m NOK
-66.4%
Cash
3.94m NOK 15.35m NOK
+289.8%
Total assets
54.79m NOK 65.45m NOK
+19.5%

What improved

  • ↑

    Cash rose

    Bank deposits 3.94m NOK → 15.35m NOK (+289.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 54.01m NOK to 48.94m NOK (-9.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 8.92m NOK → 3.00m NOK (equity ratio 16.3% → 4.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 17.95m NOK → 18.29m NOK (33% → 37% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation