ADMINCONS AS: årsregnskap 2016 vs 2015
Grew 13% on revenue, weaker earnings
approved 2017-09-29; registry 2017-11-07; journal 2017 893918
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADMINCONS AS. Revenue 4.47m NOK → 5.03m NOK (+12.5%). Net result +219.1k NOK → +25.1k NOK. Equity 10.72m NOK → 10.69m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMINCONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.47m NOK to 5.03m NOK (+12.5% YoY). Calculated
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↑
Cash rose
Bank deposits 155.4k NOK → 764.9k NOK (+392.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +123.9k NOK → +14.6k NOK (op. margin 2.8% → 0.3%). Calculated
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↓
Net result weakened
Net result +219.1k NOK → +25.1k NOK (net margin 4.9% → 0.5%). Calculated
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↓
Equity eroded
Book equity 10.72m NOK → 10.69m NOK (equity ratio 1096.6% → 2076.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.06× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.38m NOK → 1.07m NOK (-54.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 50.0k NOK → -1 481 NOK. Reported fact