Org.nr 997 657 020 2015 → 2016 Year-over-year analysis

ACO NORDIC AS: årsregnskap 2016 vs 2015

Stronger earnings

approved 2017-03-27; registry 2017-05-13; journal 2017 318369

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ACO NORDIC AS. Revenue 21.86m NOK → 22.88m NOK (+4.6%). Net result -4.58m NOK → -907.8k NOK. Equity 3.85m NOK → 5.59m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACO NORDIC AS.

Scorecard

Revenue
21.86m NOK 22.88m NOK
+4.6%
Operating result
-5.78m NOK -828.9k NOK
+85.7%
Net result
-4.58m NOK -907.8k NOK
+80.2%
Equity
3.85m NOK 5.59m NOK
+45.2%
Cash
453.2k NOK 1.51m NOK
+232.8%
Total assets
15.17m NOK 10.50m NOK
-30.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.86m NOK to 22.88m NOK (+4.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -5.78m NOK → -828.9k NOK (op. margin -26.4% → -3.6%). Calculated

  • ↑

    Net result improved

    Net result -4.58m NOK → -907.8k NOK (net margin -20.9% → -4.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.85m NOK → 5.59m NOK (equity ratio 25.4% → 53.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 453.2k NOK → 1.51m NOK (+232.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.23m NOK → 12.29m NOK (-7.1% YoY). Calculated