AJ BLIKK AS: årsregnskap 2016 vs 2015
Grew 8% on revenue, weaker earnings
approved 2017-05-09; registry 2017-06-07; journal 2017 394695
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AJ BLIKK AS. Revenue 2.35m NOK → 2.53m NOK (+7.6%). Net result -2 900 NOK → -148.3k NOK. Equity 27.1k NOK → -121.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ BLIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.35m NOK to 2.53m NOK (+7.6% YoY). Calculated
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↑
Cash rose
Bank deposits 214.9k NOK → 273.8k NOK (+27.4% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -2 900 NOK → -148.3k NOK (net margin -0.1% → -5.9%). Calculated
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↓
Equity eroded
Book equity 27.1k NOK → -121.2k NOK (equity ratio 3.8% → -20.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 254 NOK → 1.40m NOK (0% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 695.4k NOK → 844.1k NOK (+21.4% YoY). Calculated