Org.nr 914 626 579 2015 → 2016 Year-over-year analysis

AIGNITE AS: årsregnskap 2016 vs 2015

Shrank 18% on revenue

approved 2017-02-13; registry 2017-03-01; journal 2017 216118

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIGNITE AS. Revenue 1.80m NOK → 1.48m NOK (-17.7%). Equity 79.6k NOK → 54.1k NOK.

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

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

At a glance

Revenue

1.80m NOK 1.48m NOK

-17.7%

Operating result

+396.6k NOK +442.0k NOK

+11.4%

Net result

+5.29m NOK n/m

—

Equity

79.6k NOK 54.1k NOK

-32.0%

Cash

575.9k NOK 377.9k NOK

-34.4%

Total assets

722.2k NOK 821.6k NOK

+13.8%

↑
Operating result improved

Operating result +396.6k NOK → +442.0k NOK (op. margin 22.0% → 29.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.80m NOK to 1.48m NOK (-17.7% YoY). Calculated
↓
Equity eroded

Book equity 79.6k NOK → 54.1k NOK (equity ratio 11.0% → 6.6%). Calculated
↓
Cash fell

Bank deposits 575.9k NOK → 377.9k NOK (-34.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 278 NOK → 998.2k NOK (0% → 67% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation