AKERSHUS BÅT AS: årsregnskap 2016 vs 2015
Grew 30% on revenue, slipped into loss
approved 2017-06-30; registry 2017-07-13; journal 2017 700818
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKERSHUS BÅT AS. Revenue 352.0k NOK → 455.8k NOK (+29.5%). Net result +31.7k NOK → -667.5k NOK. Equity 3.13m NOK → 187.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSHUS BÅT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 352.0k NOK to 455.8k NOK (+29.5% YoY). Calculated
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↑
Operating result improved
Operating result +9 127 NOK → +900.5k NOK (op. margin 2.6% → 197.5%). Calculated
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↑
Cash rose
Bank deposits 1 478 NOK → 673.8k NOK (+45486.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 8.44×. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 31.7k NOK profit to a loss of 667.5k NOK. Calculated
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↓
Equity eroded
Book equity 3.13m NOK → 187.9k NOK (equity ratio 82.0% → 7.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 10.7k NOK → 445 NOK (-95.9% YoY). Calculated