Org.nr 990 542 961 2015 → 2016 Year-over-year analysis

ACUFRIEND AS: årsregnskap 2016 vs 2015

Shrank 52% on revenue, cash halved-plus, fresh owner capital

approved 2017-05-12; registry 2017-07-17; journal 2017 715084

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACUFRIEND AS. Revenue 73.4k NOK → 35.1k NOK (-52.2%). Equity -289.4k NOK → -352.3k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACUFRIEND AS.

At a glance

Revenue

73.4k NOK 35.1k NOK

-52.2%

Operating result

n/m -63.5k NOK

—

Net result

-23.6k NOK n/m

—

Equity

-289.4k NOK -352.3k NOK

-21.8%

Cash

4 827 NOK 1 516 NOK

-68.6%

Total assets

382.0k NOK 334.7k NOK

-12.4%

↑
Owners injected capital

Paid-in equity rose 494.0k NOK → 5.49m NOK (+5.00m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 73.4k NOK to 35.1k NOK (-52.2% YoY). Calculated
↓
Equity eroded

Book equity -289.4k NOK → -352.3k NOK (equity ratio -75.8% → -105.3%). Calculated
↓
Cash fell

Bank deposits 4 827 NOK → 1 516 NOK (-68.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is -105.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 16.3k NOK → 10.0k NOK (-38.6% YoY). Calculated