FirmaIQ
Org.nr 898 433 072 2015 → 2016 Year-over-year analysis

AERO NORWAY AS: årsregnskap 2016 vs 2015

Grew 41% on revenue, returned to profit, fresh owner capital

approved 2017-01-31; registry 2017-03-16; journal 2017 232921

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AERO NORWAY AS. Revenue 31.38m NOK → 44.09m NOK (+40.5%). Net result -2.53m NOK → +1.07m NOK. Equity 2.35m NOK → 7.60m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AERO NORWAY AS.

At a glance

Scorecard

Revenue
31.38m NOK 44.09m NOK
+40.5%
Net result
-2.53m NOK +1.07m NOK
+142.4%
Equity
2.35m NOK 7.60m NOK
+223.4%
Cash
2.67m NOK 1.98m NOK
-25.6%
Total assets
40.24m NOK 42.40m NOK
+5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.38m NOK to 44.09m NOK (+40.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.53m NOK to a profit of 1.07m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.35m NOK → 7.60m NOK (equity ratio 5.8% → 17.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.35m NOK → 6.53m NOK (+4.18m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.67m NOK → 1.98m NOK (-25.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.31m NOK → 10.20m NOK (26% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 21.18m NOK → 26.80m NOK (+26.5% YoY). Calculated