AK KRAN OG TRANSPORT AS: årsregnskap 2016 vs 2015
Grew 27% on revenue, weaker earnings
approved 2017-05-05; registry 2017-05-20; journal 2017 330945
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AK KRAN OG TRANSPORT AS. Revenue 3.47m NOK → 4.42m NOK (+27.2%). Net result +581.3k NOK → +359.9k NOK. Equity 799.4k NOK → 9 319 NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AK KRAN OG TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.47m NOK to 4.42m NOK (+27.2% YoY). Calculated
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↑
Cash rose
Bank deposits 421.6k NOK → 470.6k NOK (+11.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 153.7k NOK → 9 NOK (4% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +581.3k NOK → +359.9k NOK (net margin 16.7% → 8.2%). Calculated
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↓
Equity eroded
Book equity 799.4k NOK → 9 319 NOK (equity ratio 32.6% → 0.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3 369 NOK → 16.4k NOK (+385.7% YoY). Calculated