ADD ON FITNESS INTERNATIONAL AS: årsregnskap 2016 vs 2015
Shrank 10% on revenue, slipped into loss
approved 2017-06-08; registry 2017-06-24; journal 2017 517326
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADD ON FITNESS INTERNATIONAL AS. Revenue 1.28m NOK → 1.15m NOK (-9.8%). Net result +181.5k NOK → -359.0k NOK. Equity 1 113 NOK → 6.75m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADD ON FITNESS INTERNATIONAL AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1 113 NOK → 6.75m NOK (equity ratio 0.1% → 446.2%). Calculated
-
↑
Cash rose
Bank deposits 78.9k NOK → 119.9k NOK (+52.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 968.9k NOK → 809.1k NOK (76% → 70% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.28m NOK to 1.15m NOK (-9.8% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 181.5k NOK profit to a loss of 359.0k NOK. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1.00m NOK → 600.0k NOK. Reported fact