Org.nr 945 057 408 2015 → 2016 Year-over-year analysis

AERONAUT AS: årsregnskap 2016 vs 2015

Shrank 13% on revenue

approved 2017-06-26; registry 2017-07-03; journal 2017 575155

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AERONAUT AS. Revenue 420.9k NOK → 367.8k NOK (-12.6%). Equity 751.1k NOK → 101.5k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AERONAUT AS.

Scorecard

Revenue
420.9k NOK 367.8k NOK
-12.6%
Operating result
+216.5k NOK +220.7k NOK
+1.9%
Equity
751.1k NOK 101.5k NOK
-86.5%
Cash
10.4k NOK 219.5k NOK
+2015.0%
Total assets
1.46m NOK 1.40m NOK
-4.3%

What improved

  • ↑

    Operating result improved

    Operating result +216.5k NOK → +220.7k NOK (op. margin 51.4% → 60.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.4k NOK → 219.5k NOK (+2015.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 420.9k NOK to 367.8k NOK (-12.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 751.1k NOK → 101.5k NOK (equity ratio 51.3% → 7.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5 NOK → 998.6k NOK. Reported fact