ACTIVE AUTO AS: årsregnskap 2016 vs 2015
Shrank 12% on revenue, stronger earnings
approved 2017-08-21; registry 2017-08-24; journal 2017 877744
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACTIVE AUTO AS. Revenue 15.52m NOK → 13.60m NOK (-12.4%). Net result +251.4k NOK → +377.3k NOK. Equity 3.42m NOK → 3.22m NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE AUTO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +251.4k NOK → +377.3k NOK (net margin 1.6% → 2.8%). Calculated
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↑
Cash rose
Bank deposits 492.7k NOK → 556.2k NOK (+12.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.52m NOK to 13.60m NOK (-12.4% YoY). Calculated
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↓
Equity eroded
Book equity 3.42m NOK → 3.22m NOK (equity ratio 67.5% → 69.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 12.99m NOK → 10.56m NOK (-18.7% YoY). Calculated