AKERSHUS AUTO AS: årsregnskap 2016 vs 2015
Grew 14% on revenue, slipped into loss
approved 2017-09-11; registry 2017-09-14; journal 2017 885144
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKERSHUS AUTO AS. Revenue 52.39m NOK → 59.64m NOK (+13.8%). Net result +246.9k NOK → -3.05m NOK. Equity 4.45m NOK → 1.40m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS AUTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 52.39m NOK to 59.64m NOK (+13.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.05m NOK → +343.7k NOK (op. margin 2.0% → 0.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 246.9k NOK profit to a loss of 3.05m NOK. Calculated
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↓
Equity eroded
Book equity 4.45m NOK → 1.40m NOK (equity ratio 21.5% → 6.0%). Calculated
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↓
Cash fell
Bank deposits 301.5k NOK → 256.8k NOK (-14.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 871.5k NOK → 1.42m NOK (2% → 2% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 47.85m NOK → 55.20m NOK (+15.4% YoY). Calculated