ADVANCED MACHINE COMPANY AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-03-16; registry 2017-05-24; journal 2017 342955
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVANCED MACHINE COMPANY AS. Revenue 13.23m NOK → 12.81m NOK (-3.1%). Net result +361.9k NOK → +237.6k NOK. Equity 3.33m NOK → 3.57m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.33m NOK → 3.57m NOK (equity ratio 43.9% → 58.4%). Calculated
-
↑
Payroll decreased
Salary cost 6.75m NOK → 4.57m NOK (51% → 36% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 13.23m NOK to 12.81m NOK (-3.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +470.4k NOK → +324.8k NOK (op. margin 3.6% → 2.5%). Calculated
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↓
Net result weakened
Net result +361.9k NOK → +237.6k NOK (net margin 2.7% → 1.9%). Calculated
-
↓
Cash fell
Bank deposits 4.22m NOK → 3.36m NOK (-20.4% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 3.58m NOK → 5.94m NOK (+65.9% YoY). Calculated