ACURO AS: årsregnskap 2016 vs 2015
Grew 250% on revenue, weaker earnings
approved 2017-04-25; registry 2017-07-06; journal 2017 630594
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACURO AS. Revenue 723.8k NOK → 2.54m NOK (+250.4%). Net result +745.3k NOK → +513.0k NOK. Equity 66.8k NOK → 66.8k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACURO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 723.8k NOK to 2.54m NOK (+250.4% YoY). Calculated
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↑
Operating result improved
Operating result +1 040 NOK → +698.5k NOK (op. margin 0.1% → 27.5%). Calculated
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↑
Cash rose
Bank deposits 571.3k NOK → 751.5k NOK (+31.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +745.3k NOK → +513.0k NOK (net margin 103.0% → 20.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.49× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation