ACORN DESIGN AS: årsregnskap 2016 vs 2015
Shrank 22% on revenue, weaker earnings, cash halved-plus
approved 2017-05-18; registry 2017-06-08; journal 2017 410519
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACORN DESIGN AS. Revenue 4.02m NOK → 3.12m NOK (-22.3%). Net result +365.7k NOK → +224.9k NOK. Equity 158.5k NOK → 383.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 158.5k NOK → 383.3k NOK (equity ratio 17.9% → 61.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.02m NOK to 3.12m NOK (-22.3% YoY). Calculated
-
↓
Net result weakened
Net result +365.7k NOK → +224.9k NOK (net margin 9.1% → 7.2%). Calculated
-
↓
Cash fell
Bank deposits 272.4k NOK → 126.9k NOK (-53.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 149.1k NOK → 6.14m NOK (4% → 196% of revenue). Calculated