AE ELEKTRO AS: årsregnskap 2016 vs 2015
Shrank 26% on revenue, stronger earnings, cash halved-plus
approved 2017-03-24; registry 2017-04-08; journal 2017 267230
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AE ELEKTRO AS. Revenue 591.3k NOK → 438.8k NOK (-25.8%). Net result +2 015 NOK → +49.0k NOK. Equity 197.7k NOK → 191.0k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AE ELEKTRO AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +2 015 NOK → +49.0k NOK (net margin 0.3% → 11.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 591.3k NOK to 438.8k NOK (-25.8% YoY). Calculated
-
↓
Equity eroded
Book equity 197.7k NOK → 191.0k NOK (equity ratio 69.0% → 70.7%). Calculated
-
↓
Cash fell
Bank deposits 134.2k NOK → 46.0k NOK (-65.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 305.1k NOK → 196.2k NOK (-35.7% YoY). Calculated