AD BYGG & VVS AS: årsregnskap 2016 vs 2015
Grew 78595% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-20; journal 2017 744899
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AD BYGG & VVS AS. Revenue 3 733 NOK → 2.94m NOK (+78595.4%). Net result +5 205 NOK → 0 NOK. Equity 3.15m NOK → -194.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AD BYGG & VVS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 733 NOK to 2.94m NOK (+78595.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +130.9k NOK → -444.0k NOK (op. margin 3507.2% → -15.1%). Calculated
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↓
Net result weakened
Net result +5 205 NOK → 0 NOK (net margin 139.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 3.15m NOK → -194.2k NOK (equity ratio 342.2% → -31.1%). Calculated
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↓
Cash fell
Bank deposits 120.0k NOK → 10.1k NOK (-91.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.60× — 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 -31.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 6 121 NOK → 2.28m NOK (164% → 77% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 330 NOK → 916.3k NOK (+39228.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 35.0k NOK → 22.0k NOK. Reported fact