Org.nr 985 253 846 2015 → 2016 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2016 vs 2015

Grew 29% on revenue

approved 2017-05-29; registry 2017-07-05; journal 2017 599737

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AD NAVIGATION AS. Revenue 14.29m NOK → 18.47m NOK (+29.2%). Equity 3.96m NOK → 4.46m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AD NAVIGATION AS.

At a glance

Revenue

14.29m NOK 18.47m NOK

+29.2%

Equity

3.96m NOK 4.46m NOK

+12.6%

Cash

720.9k NOK 2.81m NOK

+289.4%

Total assets

7.08m NOK 7.16m NOK

+1.2%

↑
Revenue rose

Operating income / revenue moved from 14.29m NOK to 18.47m NOK (+29.2% YoY). Calculated
↑
Equity strengthened

Book equity 3.96m NOK → 4.46m NOK (equity ratio 56.0% → 62.3%). Calculated
↑
Cash rose

Bank deposits 720.9k NOK → 2.81m NOK (+289.4% YoY). Calculated

·
COGS moved

COGS / varekostnad 6.09m NOK → 9.78m NOK (+60.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 281.4k NOK → 80.0k NOK. Reported fact