AKASA & PARTNER AS: årsregnskap 2016 vs 2015
Shrank 47% on revenue, returned to profit
approved 2017-07-06; registry 2017-07-17; journal 2017 726018
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKASA & PARTNER AS. Revenue 878.8k NOK → 467.1k NOK (-46.8%). Net result -230.0k NOK → +26.1k NOK. Equity -3 734 NOK → 22.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKASA & PARTNER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -310.7k NOK → +56.5k NOK (op. margin -35.4% → 12.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 230.0k NOK to a profit of 26.1k NOK. Calculated
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↑
Equity strengthened
Book equity -3 734 NOK → 22.4k NOK (equity ratio -1.3% → 7.0%). Calculated
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↑
Cash rose
Bank deposits 8 145 NOK → 80.1k NOK (+883.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.45m NOK → 377.1k NOK (392% → 81% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 878.8k NOK to 467.1k NOK (-46.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 517.7k NOK → 369.8k NOK (-28.6% YoY). Calculated