FirmaIQ
Org.nr 997 505 646 2015 → 2016 Year-over-year analysis

AJ OFFSHORE AS: årsregnskap 2016 vs 2015

Shrank 77% on revenue, weaker earnings

approved 2017-04-20; registry 2017-05-02; journal 2017 306258

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AJ OFFSHORE AS. Revenue 1.88m NOK → 438.6k NOK (-76.7%). Net result +571.1k NOK → +25.7k NOK. Equity 2.47m NOK → 2.14m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.88m NOK 438.6k NOK
-76.7%
Operating result
+782.5k NOK +60.9k NOK
-92.2%
Net result
+571.1k NOK +25.7k NOK
-95.5%
Equity
2.47m NOK 2.14m NOK
-13.1%
Cash
2.18m NOK 1.56m NOK
-28.5%
Total assets
3.04m NOK 2.57m NOK
-15.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.78m NOK → 153.2k NOK (201% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.88m NOK to 438.6k NOK (-76.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +782.5k NOK → +60.9k NOK (op. margin 41.6% → 13.9%). Calculated

  • ↓

    Net result weakened

    Net result +571.1k NOK → +25.7k NOK (net margin 30.3% → 5.9%). Calculated

  • ↓

    Equity eroded

    Book equity 2.47m NOK → 2.14m NOK (equity ratio 81.2% → 83.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.18m NOK → 1.56m NOK (-28.5% YoY). Calculated