Org.nr 993 644 838 2015 → 2016 Year-over-year analysis

AIR SPONGE NORGE AS: årsregnskap 2016 vs 2015

Grew 27% on revenue

approved 2017-06-30; registry 2017-07-19; journal 2017 732792

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AIR SPONGE NORGE AS. Revenue 2.10m NOK → 2.66m NOK (+26.6%). Equity 206.8k NOK → 99.4k NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AIR SPONGE NORGE AS.

Scorecard

Revenue
2.10m NOK 2.66m NOK
+26.6%
Equity
206.8k NOK 99.4k NOK
-52.0%
Cash
44.1k NOK 73.6k NOK
+66.7%
Total assets
858.6k NOK 590.5k NOK
-31.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.10m NOK to 2.66m NOK (+26.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 44.1k NOK → 73.6k NOK (+66.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 206.8k NOK → 99.4k NOK (equity ratio 24.1% → 16.8%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 250.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 963.1k NOK → 394.1k NOK (-59.1% YoY). Calculated