ACRYLICON NORGE AS: årsregnskap 2016 vs 2015
Grew 26% on revenue, cash halved-plus
approved 2017-06-23; registry 2017-07-04; journal 2017 591055
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACRYLICON NORGE AS. Revenue 32.69m NOK → 41.27m NOK (+26.3%). Equity 3.75m NOK → 14.55m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.69m NOK to 41.27m NOK (+26.3% YoY). Calculated
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↑
Equity strengthened
Book equity 3.75m NOK → 14.55m NOK (equity ratio 20.2% → 33.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 7.15m NOK → 96.7k NOK (-98.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.15m NOK → 96.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 19.29m NOK → 23.92m NOK (+24.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 70.0k NOK → 4.82m NOK. Reported fact