Org.nr 980 161 226 2015 → 2016 Year-over-year analysis

AKA SYSTEM INVEST AS: årsregnskap 2016 vs 2015

Another loss-making year

approved 2017-05-20; registry 2017-07-03; journal 2017 600247

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKA SYSTEM INVEST AS. Revenue 691.1k NOK → 707.3k NOK (+2.3%). Net result -8 164 NOK → -2 196 NOK. Equity 173.5k NOK → 171.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
691.1k NOK 707.3k NOK
+2.3%
Operating result
-8 590 NOK -2 754 NOK
+67.9%
Net result
-8 164 NOK -2 196 NOK
+73.1%
Equity
173.5k NOK 171.3k NOK
-1.3%
Cash
88.2k NOK 170.7k NOK
+93.6%
Total assets
305.3k NOK 285.9k NOK
-6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 691.1k NOK to 707.3k NOK (+2.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -8 590 NOK → -2 754 NOK (op. margin -1.2% → -0.4%). Calculated

  • ↑

    Net result improved

    Net result -8 164 NOK → -2 196 NOK (net margin -1.2% → -0.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 88.2k NOK → 170.7k NOK (+93.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.66m NOK → 11 NOK (1543% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 173.5k NOK → 171.3k NOK (equity ratio 56.8% → 59.9%). Calculated