Org.nr 995 726 491 2015 → 2016 Year-over-year analysis

AGNEFESTVEIEN 1 AS: årsregnskap 2016 vs 2015

Grew 23% on revenue, cash halved-plus

approved 2017-02-06; registry 2017-04-26; journal 2017 294700

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AGNEFESTVEIEN 1 AS. Revenue 421.8k NOK → 520.5k NOK (+23.4%). Equity -1.07m NOK → -1.22m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.

At a glance

Revenue

421.8k NOK 520.5k NOK

+23.4%

Operating result

n/m +81.1k NOK

—

Net result

-372.4k NOK n/m

—

Equity

-1.07m NOK -1.22m NOK

-13.7%

Cash

519.5k NOK 259.3k NOK

-50.1%

Total assets

8.94m NOK 8.37m NOK

-6.5%

↑
Revenue rose

Operating income / revenue moved from 421.8k NOK to 520.5k NOK (+23.4% YoY). Calculated

↓
Equity eroded

Book equity -1.07m NOK → -1.22m NOK (equity ratio -12.0% → -14.6%). Calculated
↓
Cash fell

Bank deposits 519.5k NOK → 259.3k NOK (-50.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is -14.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation