FirmaIQ
Org.nr 986 171 010 2015 → 2016 Year-over-year analysis

ADDED VALUE IT AS: årsregnskap 2016 vs 2015

Shrank 24% on revenue, weaker earnings

approved 2017-06-29; registry 2017-07-26; journal 2017 770489

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADDED VALUE IT AS. Revenue 2.90m NOK → 2.22m NOK (-23.5%). Net result +427.0k NOK → +188.0k NOK. Equity 2.59m NOK → 2.78m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.90m NOK 2.22m NOK
-23.5%
Operating result
n/m +236.5k NOK
—
Net result
+427.0k NOK +188.0k NOK
-56.0%
Equity
2.59m NOK 2.78m NOK
+7.3%
Cash
3.42m NOK 1.93m NOK
-43.5%
Total assets
4.26m NOK 3.73m NOK
-12.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.59m NOK → 2.78m NOK (equity ratio 60.7% → 74.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.91m NOK → 1.62m NOK (66% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.90m NOK to 2.22m NOK (-23.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +427.0k NOK → +188.0k NOK (net margin 14.7% → 8.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.42m NOK → 1.93m NOK (-43.5% YoY). Calculated