ACTIVITY CONSULT FOLDVIK & ANDERSEN AS: årsregnskap 2016 vs 2015
Shrank 53% on revenue, weaker earnings, cash halved-plus
approved 2017-07-04; registry 2017-07-08; journal 2017 640606
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS. Revenue 510.8k NOK → 240.3k NOK (-53.0%). Net result +104.7k NOK → +2 016 NOK. Equity -230.2k NOK → -125.5k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -230.2k NOK → -125.5k NOK (equity ratio -646.7% → -418.3%). Calculated
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↑
Payroll decreased
Salary cost 191.2k NOK → 1 NOK (37% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 510.8k NOK to 240.3k NOK (-53.0% YoY). Calculated
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↓
Net result weakened
Net result +104.7k NOK → +2 016 NOK (net margin 20.5% → 0.8%). Calculated
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↓
Cash fell
Bank deposits 15.4k NOK → 7 694 NOK (-50.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 64.1k NOK → 2 960 NOK (-95.4% YoY). Calculated