FirmaIQ
Org.nr 992 670 630 2015 → 2016 Year-over-year analysis

AKERSGATEN 1-5 AS: årsregnskap 2016 vs 2015

Stronger earnings, cash halved-plus

approved 2017-05-15; registry 2017-05-30; journal 2017 360765

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AKERSGATEN 1-5 AS. Revenue 10.38m NOK → 10.55m NOK (+1.6%). Net result +11.7k NOK → +66.3k NOK. Equity 27.09m NOK → 27.16m NOK.

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

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AKERSGATEN 1-5 AS.

At a glance

Scorecard

Revenue
10.38m NOK 10.55m NOK
+1.6%
Operating result
n/m +3.13m NOK
—
Net result
+11.7k NOK +66.3k NOK
+468.0%
Equity
27.09m NOK 27.16m NOK
+0.2%
Cash
5.78m NOK 2.29m NOK
-60.4%
Total assets
116.00m NOK 111.49m NOK
-3.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.38m NOK to 10.55m NOK (+1.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +11.7k NOK → +66.3k NOK (net margin 0.1% → 0.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 27.09m NOK → 27.16m NOK (equity ratio 23.4% → 24.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.78m NOK → 2.29m NOK (-60.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.78m NOK → 2.29m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.12m NOK → 955.3k NOK (-14.7% YoY). Calculated