FirmaIQ
Org.nr 915 157 564 2015 → 2016 Year-over-year analysis

AF AUTO AS: årsregnskap 2016 vs 2015

Grew 106% on revenue, stronger earnings

approved 2017-05-22; registry 2017-06-20; journal 2017 491473

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AF AUTO AS. Revenue 314.6k NOK → 647.9k NOK (+105.9%). Net result +162 NOK → +182.4k NOK. Equity 2.11m NOK → 49.7k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AF AUTO AS.

At a glance

Scorecard

Revenue
314.6k NOK 647.9k NOK
+105.9%
Operating result
+115.5k NOK +243.2k NOK
+110.5%
Net result
+162 NOK +182.4k NOK
+112497.5%
Equity
2.11m NOK 49.7k NOK
-97.6%
Cash
126.9k NOK 309.3k NOK
+143.7%
Total assets
150.3k NOK 418.2k NOK
+178.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 314.6k NOK to 647.9k NOK (+105.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +115.5k NOK → +243.2k NOK (op. margin 36.7% → 37.5%). Calculated

  • ↑

    Net result improved

    Net result +162 NOK → +182.4k NOK (net margin 0.1% → 28.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 126.9k NOK → 309.3k NOK (+143.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.11m NOK → 49.7k NOK (equity ratio 1401.5% → 11.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 190.4k NOK → 390.6k NOK (+105.1% YoY). Calculated