ADVANTAGE AS: årsregnskap 2016 vs 2015
Shrank 96% on revenue, weaker earnings, cash halved-plus
approved 2017-05-31; registry 2017-06-20; journal 2017 483206
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVANTAGE AS. Revenue 1.74m NOK → 63.1k NOK (-96.4%). Net result +151.0k NOK → +113.5k NOK. Equity 296.6k NOK → 183.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANTAGE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.36m NOK → 9 847 NOK (78% → 16% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.74m NOK to 63.1k NOK (-96.4% YoY). Calculated
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↓
Operating result weakened
Operating result +165.6k NOK → +34 NOK (op. margin 9.5% → 0.1%). Calculated
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↓
Net result weakened
Net result +151.0k NOK → +113.5k NOK (net margin 8.7% → 180.0%). Calculated
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↓
Equity eroded
Book equity 296.6k NOK → 183.1k NOK (equity ratio 35.2% → 46.4%). Calculated
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↓
Cash fell
Bank deposits 134.5k NOK → 6 149 NOK (-95.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 44.8k NOK. Reported fact