AJ ELEKTRO AS: årsregnskap 2016 vs 2015
Shrank 9% on revenue, stronger earnings
approved 2017-05-18; registry 2017-06-08; journal 2017 403045
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AJ ELEKTRO AS. Revenue 3.37m NOK → 3.06m NOK (-9.3%). Net result +111.9k NOK → +171.1k NOK. Equity 463.1k NOK → 434.2k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +154.2k NOK → +228.1k NOK (op. margin 4.6% → 7.5%). Calculated
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↑
Net result improved
Net result +111.9k NOK → +171.1k NOK (net margin 3.3% → 5.6%). Calculated
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↑
Cash rose
Bank deposits 459.3k NOK → 463.5k NOK (+0.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.37m NOK to 3.06m NOK (-9.3% YoY). Calculated
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↓
Equity eroded
Book equity 463.1k NOK → 434.2k NOK (equity ratio 47.6% → 189.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.94× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.36m NOK → 976.4k NOK (-28.2% YoY). Calculated