AIRCRAFT ENGINEERING AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-03-01; registry 2017-03-22; journal 2017 240731
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIRCRAFT ENGINEERING AS. Revenue 1.79m NOK → 1.74m NOK (-2.7%). Net result +93.9k NOK → +18.8k NOK. Equity 617.6k NOK → 636.5k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 617.6k NOK → 636.5k NOK (equity ratio 74.0% → 91.6%). Calculated
-
↑
Cash rose
Bank deposits 10.3k NOK → 210.9k NOK (+1951.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.79m NOK to 1.74m NOK (-2.7% YoY). Calculated
-
↓
Net result weakened
Net result +93.9k NOK → +18.8k NOK (net margin 5.2% → 1.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 10.3k NOK (0% → 1% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.1k NOK → 24.2k NOK. Reported fact