AK MUR AS: årsregnskap 2016 vs 2015
Shrank 31% on revenue, returned to profit, cash halved-plus
approved 2017-05-02; registry 2017-06-12; journal 2017 427243
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AK MUR AS. Revenue 2.10m NOK → 1.46m NOK (-30.6%). Net result -14.2k NOK → +45.3k NOK. Equity -118.6k NOK → -73.3k NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK MUR AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 14.2k NOK to a profit of 45.3k NOK. Calculated
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↑
Equity strengthened
Book equity -118.6k NOK → -73.3k NOK (equity ratio -15.6% → -19.2%). Calculated
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↑
Payroll decreased
Salary cost 735.6k NOK → 570.0k NOK (35% → 39% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.10m NOK to 1.46m NOK (-30.6% YoY). Calculated
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↓
Cash fell
Bank deposits 316.9k NOK → 82.4k NOK (-74.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 90.7k NOK → 510.2k NOK (+462.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation