AKERSHUS CONNECT AS: årsregnskap 2016 vs 2015
Shrank 54% on revenue, stronger earnings, cash halved-plus
approved 2017-05-18; registry 2017-07-04; journal 2017 603503
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKERSHUS CONNECT AS. Revenue 4.23m NOK → 1.95m NOK (-53.9%). Net result +69.8k NOK → +315.3k NOK. Equity 103.1k NOK → 618.3k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS CONNECT AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +69.8k NOK → +315.3k NOK (net margin 1.7% → 16.2%). Calculated
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↑
Equity strengthened
Book equity 103.1k NOK → 618.3k NOK (equity ratio 6.5% → 73.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.23m NOK to 1.95m NOK (-53.9% YoY). Calculated
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↓
Cash fell
Bank deposits 152.6k NOK → 408 NOK (-99.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.54m NOK → 4.87m NOK (60% → 250% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 761.1k NOK → 10.5k NOK (-98.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.8k NOK → 448.3k NOK. Reported fact