AIR BUILDING AS: årsregnskap 2016 vs 2015
Shrank 25% on revenue
approved 2017-04-25; registry 2017-05-29; journal 2017 354834
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIR BUILDING AS. Revenue 389.6k NOK → 290.7k NOK (-25.4%). Equity 23.5k NOK → 338.1k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIR BUILDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 23.5k NOK → 338.1k NOK (equity ratio 31.7% → 55.1%). Calculated
-
↑
Cash rose
Bank deposits 26.0k NOK → 97.7k NOK (+276.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.64× → 2.03×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 389.6k NOK to 290.7k NOK (-25.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 230.0k NOK → 664.9k NOK (59% → 229% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 45.9k NOK → 36.0k NOK (-21.4% YoY). Calculated