FirmaIQ
Org.nr 988 320 080 2015 → 2016 Year-over-year analysis

AK. GRIEG NORGE AS: årsregnskap 2016 vs 2015

Grew 26% on revenue, returned to profit

approved 2017-06-29; registry 2017-07-06; journal 2017 634158

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AK. GRIEG NORGE AS. Revenue 156.4k NOK → 197.5k NOK (+26.2%). Net result -31.1k NOK → +13.0k NOK. Equity -310.6k NOK → -297.6k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AK. GRIEG NORGE AS.

At a glance

Scorecard

Revenue
156.4k NOK 197.5k NOK
+26.2%
Operating result
-37.6k NOK +10.8k NOK
+128.8%
Net result
-31.1k NOK +13.0k NOK
+141.7%
Equity
-310.6k NOK -297.6k NOK
+4.2%
Cash
368.6k NOK 408.9k NOK
+10.9%
Total assets
473.2k NOK 514.7k NOK
+8.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 156.4k NOK to 197.5k NOK (+26.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -37.6k NOK → +10.8k NOK (op. margin -24.0% → 5.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 31.1k NOK to a profit of 13.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -310.6k NOK → -297.6k NOK (equity ratio -65.6% → -57.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 368.6k NOK → 408.9k NOK (+10.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 65.5k NOK → 93.6k NOK (+42.8% YoY). Calculated