ADRESSEAVISEN AS: årsregnskap 2016 vs 2015
Shrank 12% on revenue, stronger earnings
approved 2017-06-08; registry 2017-07-11; journal 2017 649824
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADRESSEAVISEN AS. Revenue 607.47m NOK → 536.93m NOK (-11.6%). Net result +74.45m NOK → +904.94m NOK. Equity 206.7k NOK → 1.09m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +74.45m NOK → +904.94m NOK (net margin 12.3% → 168.5%). Calculated
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↑
Equity strengthened
Book equity 206.7k NOK → 1.09m NOK (equity ratio 45.9% → 82.5%). Calculated
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↑
Cash rose
Bank deposits 7 000 NOK → 397.0k NOK (+5571.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 9.22m NOK → 8.21m NOK (2% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 607.47m NOK to 536.93m NOK (-11.6% YoY). Calculated
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↓
Operating result weakened
Operating result +23.87m NOK → -15.89m NOK (op. margin 3.9% → -3.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 96.52m NOK → 84.01m NOK (-13.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.97m NOK → 18.94bn NOK. Reported fact