AICONDI AS: årsregnskap 2016 vs 2015
Grew 707% on revenue, returned to profit, cash halved-plus
approved 2017-06-13; registry 2017-08-02; journal 2017 809422
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AICONDI AS. Revenue 5 865 NOK → 47.4k NOK (+707.3%). Net result -50.7k NOK → +20.1k NOK. Equity -21.9k NOK → 7 589 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AICONDI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 865 NOK to 47.4k NOK (+707.3% YoY). Calculated
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Operating result improved
Operating result -50.7k NOK → +29.5k NOK (op. margin -865.0% → 62.3%). Calculated
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Turned profitable
Net result flipped from a loss of 50.7k NOK to a profit of 20.1k NOK. Calculated
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Equity strengthened
Book equity -21.9k NOK → 7 589 NOK (equity ratio -94.9% → 26.7%). Calculated
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Current ratio back above 1×
Current ratio 0.51× → 1.46×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2 293 NOK → 55 NOK (-97.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 439.1k NOK → 9 890 NOK (-97.7% YoY). Calculated