ACTIVE TRANSPORT SERVICE AS: årsregnskap 2016 vs 2015
Grew 68% on revenue
approved 2017-06-02; registry 2017-06-15; journal 2017 455611
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACTIVE TRANSPORT SERVICE AS. Revenue 7.29m NOK → 12.24m NOK (+67.8%). Equity 797.9k NOK → 232.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE TRANSPORT SERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.29m NOK to 12.24m NOK (+67.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 797.9k NOK → 232.9k NOK (equity ratio 28.3% → 5.6%). Calculated
-
↓
Cash fell
Bank deposits 845.3k NOK → 651.6k NOK (-22.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 2.94m NOK → 4.04m NOK (40% → 33% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 3.27m NOK → 4.95m NOK (+51.3% YoY). Calculated