FirmaIQ
Org.nr 941 160 883 2015 → 2016 Year-over-year analysis

AJO MASKIN AS: årsregnskap 2016 vs 2015

Shrank 35% on revenue

approved 2017-03-14; registry 2017-05-20; journal 2017 334099

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AJO MASKIN AS. Revenue 599.4k NOK → 392.3k NOK (-34.5%). Net result +2 015 NOK → +2 016 NOK. Equity 1.68m NOK → 1.57m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJO MASKIN AS.

At a glance

Scorecard

Revenue
599.4k NOK 392.3k NOK
-34.5%
Operating result
-248.4k NOK -146.5k NOK
+41.0%
Net result
+2 015 NOK +2 016 NOK
+0.0%
Equity
1.68m NOK 1.57m NOK
-6.5%
Cash
733.5k NOK 466.7k NOK
-36.4%
Total assets
1.79m NOK 2.45m NOK
+37.1%

What improved

  • ↑

    Operating result improved

    Operating result -248.4k NOK → -146.5k NOK (op. margin -41.4% → -37.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 133.2k NOK → 70.1k NOK (22% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 599.4k NOK to 392.3k NOK (-34.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.68m NOK → 1.57m NOK (equity ratio 94.3% → 64.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 733.5k NOK → 466.7k NOK (-36.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 182.9k NOK → 30.1k NOK (-83.6% YoY). Calculated