AK STANG AS: årsregnskap 2016 vs 2015
Grew 5% on revenue, weaker earnings, cash halved-plus
approved 2017-02-08; registry 2017-06-01; journal 2017 376239
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AK STANG AS. Revenue 156.3k NOK → 164.1k NOK (+5.0%). Net result +203.7k NOK → +93.0k NOK. Equity 8.47m NOK → 6.57m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AK STANG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 156.3k NOK to 164.1k NOK (+5.0% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +203.7k NOK → +93.0k NOK (net margin 130.3% → 56.7%). Calculated
-
↓
Equity eroded
Book equity 8.47m NOK → 6.57m NOK (equity ratio 48.4% → 76.3%). Calculated
-
↓
Cash fell
Bank deposits 14.11m NOK → 5.11m NOK (-63.8% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (14.11m NOK → 5.11m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation