ADSERØ BILVERKSTED AS: årsregnskap 2016 vs 2015
Grew 186687% on revenue, weaker earnings, fresh owner capital
approved 2017-06-23; registry 2017-07-18; journal 2017 712808
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADSERØ BILVERKSTED AS. Revenue 3 860 NOK → 7.21m NOK (+186686.8%). Net result -1 083 NOK → -614.0k NOK. Equity 682.5k NOK → 411.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADSERØ BILVERKSTED AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 860 NOK to 7.21m NOK (+186686.8% YoY). Calculated
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↑
Cash rose
Bank deposits 99.8k NOK → 120.0k NOK (+20.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.57× → 1.11×. Calculated
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↑
Owners injected capital
Paid-in equity rose 765.5k NOK → 2.11m NOK (+1.34m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -1 083 NOK → -614.0k NOK (net margin -28.1% → -8.5%). Calculated
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↓
Equity eroded
Book equity 682.5k NOK → 411.2k NOK (equity ratio 108.0% → 14.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1 291 NOK → 2.63m NOK (+203695.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 151.9k NOK → 114.7k NOK. Reported fact