FirmaIQ
Org.nr 986 386 092 2015 → 2016 Year-over-year analysis

AIRCONTACT GROUP AS: årsregnskap 2016 vs 2015

Grew 7% on revenue, stronger earnings

approved 2017-05-26; registry 2017-07-04; journal 2017 583411

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIRCONTACT GROUP AS. Revenue 11.31m NOK → 12.06m NOK (+6.7%). Net result +13.20m NOK → +26.34m NOK. Equity 12 NOK → 12 NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRCONTACT GROUP AS.

At a glance

Scorecard

Revenue
11.31m NOK 12.06m NOK
+6.7%
Operating result
-9.88m NOK -9.49m NOK
+4.0%
Net result
+13.20m NOK +26.34m NOK
+99.5%
Equity
12 NOK 12 NOK
0.0%
Cash
122.09m NOK 144.77m NOK
+18.6%
Total assets
271.48m NOK 296.13m NOK
+9.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.31m NOK to 12.06m NOK (+6.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -9.88m NOK → -9.49m NOK (op. margin -87.4% → -78.7%). Calculated

  • ↑

    Net result improved

    Net result +13.20m NOK → +26.34m NOK (net margin 116.7% → 218.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 122.09m NOK → 144.77m NOK (+18.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.23bn NOK → 230.09m NOK (37437% → 1907% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 8.71m NOK → 8.71m NOK. Reported fact