AK-TEK AS: årsregnskap 2016 vs 2015
Grew 29% on revenue, weaker earnings
approved 2017-03-06; registry 2017-04-25; journal 2017 293698
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AK-TEK AS. Revenue 2.37m NOK → 3.06m NOK (+29.3%). Net result +264.2k NOK → +13.7k NOK. Equity 194.2k NOK → 207.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AK-TEK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.37m NOK to 3.06m NOK (+29.3% YoY). Calculated
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↑
Equity strengthened
Book equity 194.2k NOK → 207.8k NOK (equity ratio 28.5% → 37.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +365.5k NOK → +30.9k NOK (op. margin 15.4% → 1.0%). Calculated
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↓
Net result weakened
Net result +264.2k NOK → +13.7k NOK (net margin 11.2% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 298.9k NOK → 237.9k NOK (-20.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.02m NOK → 1.14m NOK (43% → 37% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 598.3k NOK → 489.3k NOK (-18.2% YoY). Calculated