Org.nr 993 342 505 2015 → 2016 Year-over-year analysis

AKERSHUS BYGG & BOLIGSERVICE AS: årsregnskap 2016 vs 2015

Grew 63% on revenue

approved 2017-06-30; registry 2017-07-06; journal 2017 607561

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKERSHUS BYGG & BOLIGSERVICE AS. Revenue 7.89m NOK → 12.87m NOK (+63.1%). Equity 2.10m NOK → 151.8k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKERSHUS BYGG & BOLIGSERVICE AS.

Scorecard

Revenue
7.89m NOK 12.87m NOK
+63.1%
Equity
2.10m NOK 151.8k NOK
-92.8%
Cash
102.0k NOK 172.1k NOK
+68.7%
Total assets
2.08m NOK 2.00m NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.89m NOK to 12.87m NOK (+63.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 102.0k NOK → 172.1k NOK (+68.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 1.01×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.10m NOK → 151.8k NOK (equity ratio 101.2% → 7.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 4.26m NOK → 8.46m NOK (+98.8% YoY). Calculated