FirmaIQ
Org.nr 995 141 272 2015 → 2016 Year-over-year analysis

AE. EIENDOMSØR AS: årsregnskap 2016 vs 2015

Shrank 44% on revenue, slipped into loss, cash halved-plus

approved 2017-02-10; registry 2017-05-23; journal 2017 340705

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AE. EIENDOMSØR AS. Revenue 6.05m NOK → 3.37m NOK (-44.3%). Net result +174.3k NOK → -497.6k NOK. Equity -809.6k NOK → -1.31m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AE. EIENDOMSØR AS.

At a glance

Scorecard

Revenue
6.05m NOK 3.37m NOK
-44.3%
Operating result
+720.9k NOK +2 872 NOK
-99.6%
Net result
+174.3k NOK -497.6k NOK
-385.5%
Equity
-809.6k NOK -1.31m NOK
-61.5%
Cash
72.7k NOK 13.0k NOK
-82.1%
Total assets
9.92m NOK 9.97m NOK
+0.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.05m NOK to 3.37m NOK (-44.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +720.9k NOK → +2 872 NOK (op. margin 11.9% → 0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 174.3k NOK profit to a loss of 497.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -809.6k NOK → -1.31m NOK (equity ratio -8.2% → -13.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 72.7k NOK → 13.0k NOK (-82.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.22m NOK → 3.25m NOK (-37.7% YoY). Calculated