Org.nr 993 554 790 2015 → 2016 Year-over-year analysis

AD MALERARBEID AS: årsregnskap 2016 vs 2015

Shrank 22% on revenue

approved 2017-04-06; registry 2017-05-04; journal 2017 306588

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AD MALERARBEID AS. Revenue 3.35m NOK → 2.63m NOK (-21.7%). Equity 15 NOK → 78.7k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD MALERARBEID AS.

At a glance

Revenue

3.35m NOK 2.63m NOK

-21.7%

Equity

15 NOK 78.7k NOK

+524653.3%

Cash

165.1k NOK 360.8k NOK

+118.5%

Total assets

519.3k NOK 103.0k NOK

-80.2%

↑
Equity strengthened

Book equity 15 NOK → 78.7k NOK (equity ratio 0.0% → 76.4%). Calculated
↑
Cash rose

Bank deposits 165.1k NOK → 360.8k NOK (+118.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.47× → 1.07×. Calculated

↓
Revenue fell

Operating income / revenue moved from 3.35m NOK to 2.63m NOK (-21.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 550.8k NOK → 196.5k NOK (-64.3% YoY). Calculated