AJ COMPANY AS: årsregnskap 2016 vs 2015
Shrank 6% on revenue
approved 2017-02-16; registry 2017-05-29; journal 2017 354936
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AJ COMPANY AS. Revenue 640.2k NOK → 600.8k NOK (-6.2%). Equity 57.0k NOK → -273.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AJ COMPANY AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 41.6k NOK → 57.4k NOK (+37.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 640.2k NOK to 600.8k NOK (-6.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -92.7k NOK → -531.0k NOK (op. margin -14.5% → -88.4%). Calculated
-
↓
Equity eroded
Book equity 57.0k NOK → -273.1k NOK (equity ratio 18.7% → -59.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 315.0k NOK → 502.4k NOK (+59.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -59.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 150.0k NOK → 350 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value -2 000 NOK → 2 085 NOK. Reported fact