FirmaIQ
Org.nr 993 068 152 2015 → 2016 Year-over-year analysis

AGNEFESTVEIEN AS: årsregnskap 2016 vs 2015

Grew 110341% on revenue, stronger earnings

approved 2017-06-27; registry 2017-07-01; journal 2017 566547

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AGNEFESTVEIEN AS. Revenue 340 NOK → 375.5k NOK (+110341.2%). Net result -93.4k NOK → -55.8k NOK. Equity 237.7k NOK → 182.0k NOK.

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

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

At a glance

Scorecard

Revenue
340 NOK 375.5k NOK
+110341.2%
Operating result
+282.1k NOK +347.0k NOK
+23.0%
Net result
-93.4k NOK -55.8k NOK
+40.3%
Equity
237.7k NOK 182.0k NOK
-23.5%
Cash
10.7k NOK 29.8k NOK
+178.5%
Total assets
8.15m NOK 11.86m NOK
+45.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 340 NOK to 375.5k NOK (+110341.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +282.1k NOK → +347.0k NOK (op. margin 82963.2% → 92.4%). Calculated

  • ↑

    Net result improved

    Net result -93.4k NOK → -55.8k NOK (net margin -27477.1% → -14.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.7k NOK → 29.8k NOK (+178.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 237.7k NOK → 182.0k NOK (equity ratio 2.9% → 1.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation