ADELSMANN AS: årsregnskap 2016 vs 2015
Grew 11% on revenue
approved 2017-06-30; registry 2017-07-19; journal 2017 715550
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADELSMANN AS. Revenue 5.78m NOK → 6.42m NOK (+11.0%). Net result +203.0k NOK → +170.6k NOK. Equity 1.79m NOK → 1.96m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADELSMANN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.78m NOK to 6.42m NOK (+11.0% YoY). Calculated
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↑
Equity strengthened
Book equity 1.79m NOK → 1.96m NOK (equity ratio 58.5% → 58.2%). Calculated
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↑
Cash rose
Bank deposits 489.2k NOK → 891.9k NOK (+82.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +203.0k NOK → +170.6k NOK (net margin 3.5% → 2.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.69m NOK → 1.80m NOK (29% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.59m NOK → 3.10m NOK (+19.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 290.7k NOK → 274.1k NOK. Reported fact