Org.nr 996 101 681 2015 → 2016 Year-over-year analysis

ACKS AS: årsregnskap 2016 vs 2015

Shrank 77% on revenue, slipped into loss, cash halved-plus

approved 2017-02-17; registry 2017-02-20; journal 2017 210186

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ACKS AS. Revenue 46.5k NOK → 10.5k NOK (-77.4%). Net result +25.9k NOK → -752 NOK. Equity 41.5k NOK → 40.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACKS AS.

Scorecard

Revenue
46.5k NOK 10.5k NOK
-77.4%
Operating result
+35.3k NOK -750 NOK
-102.1%
Net result
+25.9k NOK -752 NOK
-102.9%
Equity
41.5k NOK 40.7k NOK
-1.8%
Cash
40.3k NOK 2 681 NOK
-93.3%
Total assets
134.4k NOK 104.2k NOK
-22.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 46.5k NOK to 10.5k NOK (-77.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +35.3k NOK → -750 NOK (op. margin 76.0% → -7.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 25.9k NOK profit to a loss of 752 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 40.3k NOK → 2 681 NOK (-93.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.10× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 84.0k NOK → 96.0k NOK. Reported fact