Org.nr 914 717 914 2015 → 2016 Year-over-year analysis

AITECH AS: årsregnskap 2016 vs 2015

Grew 114868% on revenue

approved 2017-07-25; registry 2017-08-03; journal 2017 827930

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AITECH AS. Revenue 1 331 NOK → 1.53m NOK (+114867.8%). Equity -37.1k NOK → 26.0k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AITECH AS.

Scorecard

Revenue
1 331 NOK 1.53m NOK
+114867.8%
Operating result
-73.5k NOK +63.0k NOK
+185.7%
Net result
n/m +63.1k NOK
—
Equity
-37.1k NOK 26.0k NOK
+170.1%
Cash
94.1k NOK 522.6k NOK
+455.4%
Total assets
242.6k NOK 603.9k NOK
+148.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 331 NOK to 1.53m NOK (+114867.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -73.5k NOK → +63.0k NOK (op. margin -5523.7% → 4.1%). Calculated

  • ↑

    Equity strengthened

    Book equity -37.1k NOK → 26.0k NOK (equity ratio -15.3% → 4.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 94.1k NOK → 522.6k NOK (+455.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.85× → 1.04×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 27.8k NOK → 89.8k NOK (+222.7% YoY). Calculated