AK MARINE AS: årsregnskap 2016 vs 2015
Shrank 37% on revenue, weaker earnings
approved 2017-06-30; registry 2017-07-20; journal 2017 742679
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AK MARINE AS. Revenue 3.57m NOK → 2.24m NOK (-37.2%). Net result -67.9k NOK → -210.4k NOK. Equity 1.27m NOK → 5.93m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK MARINE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.27m NOK → 5.93m NOK (equity ratio 25.0% → 197.6%). Calculated
-
↑
Cash rose
Bank deposits 10.3k NOK → 146.9k NOK (+1330.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.73× → 1.07×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.57m NOK to 2.24m NOK (-37.2% YoY). Calculated
-
↓
Net result weakened
Net result -67.9k NOK → -210.4k NOK (net margin -1.9% → -9.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.33m NOK → 4.86m NOK (37% → 217% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 649.6k NOK → 264.9k NOK (-59.2% YoY). Calculated