FirmaIQ
Org.nr 998 020 964 2015 → 2016 Year-over-year analysis

AK NORGE WIC AS: årsregnskap 2016 vs 2015

Shrank 6% on revenue, stronger earnings

approved 2017-06-30; registry 2017-07-19; journal 2017 720610

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AK NORGE WIC AS. Revenue 43.37m NOK → 40.73m NOK (-6.1%). Net result +2.36m NOK → +3.47m NOK. Equity 32.57m NOK → 36.04m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
43.37m NOK 40.73m NOK
-6.1%
Net result
+2.36m NOK +3.47m NOK
+47.2%
Equity
32.57m NOK 36.04m NOK
+10.6%
Cash
3.99m NOK 5.78m NOK
+44.9%
Total assets
41.07m NOK 39.91m NOK
-2.8%

What improved

  • ↑

    Net result improved

    Net result +2.36m NOK → +3.47m NOK (net margin 5.4% → 8.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 32.57m NOK → 36.04m NOK (equity ratio 79.3% → 90.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.99m NOK → 5.78m NOK (+44.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.37m NOK to 40.73m NOK (-6.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.97m NOK → 11.13m NOK (-7.0% YoY). Calculated