Org.nr 985 267 308 2015 → 2016 Year-over-year analysis

ADVANCED THINKERS ENGINEERING AS: årsregnskap 2016 vs 2015

Grew 81569% on revenue, weaker earnings

approved 2017-06-20; registry 2017-07-26; journal 2017 768433

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVANCED THINKERS ENGINEERING AS. Revenue 1 733 NOK → 1.42m NOK (+81568.7%). Net result -465.5k NOK → -748.5k NOK. Equity -4.27m NOK → -1.72m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1 733 NOK 1.42m NOK
+81568.7%
Operating result
-2 379 NOK -1.00m NOK
-42116.3%
Net result
-465.5k NOK -748.5k NOK
-60.8%
Equity
-4.27m NOK -1.72m NOK
+59.7%
Cash
88.5k NOK 80.1k NOK
-9.5%
Total assets
4.88m NOK 4.37m NOK
-10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 733 NOK to 1.42m NOK (+81568.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -4.27m NOK → -1.72m NOK (equity ratio -87.5% → -39.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2 379 NOK → -1.00m NOK (op. margin -137.3% → -71.0%). Calculated

  • ↓

    Net result weakened

    Net result -465.5k NOK → -748.5k NOK (net margin -26860.0% → -52.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 88.5k NOK → 80.1k NOK (-9.5% YoY). Calculated