Org.nr 980 138 267 2015 → 2016 Year-over-year analysis

AJOUR GRAFISK AS: årsregnskap 2016 vs 2015

Shrank 50% on revenue

approved 2017-05-12; registry 2017-07-12; journal 2017 670463

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AJOUR GRAFISK AS. Revenue 8.38m NOK → 4.17m NOK (-50.2%). Equity 1.42m NOK → -167.5k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJOUR GRAFISK AS.

At a glance

Revenue

8.38m NOK 4.17m NOK

-50.2%

Equity

1.42m NOK -167.5k NOK

-111.8%

Cash

328.8k NOK 187.0k NOK

-43.1%

Total assets

2.11m NOK 1.73m NOK

-18.3%

↑
Payroll decreased

Salary cost 2.16m NOK → 1.59m NOK (26% → 38% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.38m NOK to 4.17m NOK (-50.2% YoY). Calculated
↓
Equity eroded

Book equity 1.42m NOK → -167.5k NOK (equity ratio 67.0% → -9.7%). Calculated
↓
Cash fell

Bank deposits 328.8k NOK → 187.0k NOK (-43.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is -9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 3.57m NOK → 1.85m NOK (-48.2% YoY). Calculated