AKERSHUS FORSIKRINGSSENTER AS: årsregnskap 2016 vs 2015
Grew 40% on revenue, weaker earnings
approved 2017-05-31; registry 2017-07-29; journal 2017 775912
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKERSHUS FORSIKRINGSSENTER AS. Revenue 10.29m NOK → 14.42m NOK (+40.2%). Net result +349.0k NOK → +34.3k NOK. Equity 10.1k NOK → 11.1k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS FORSIKRINGSSENTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.29m NOK to 14.42m NOK (+40.2% YoY). Calculated
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↑
Equity strengthened
Book equity 10.1k NOK → 11.1k NOK (equity ratio 0.5% → 0.3%). Calculated
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↑
Payroll decreased
Salary cost 7.47m NOK → 2 NOK (73% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +492.0k NOK → +407.6k NOK (op. margin 4.8% → 2.8%). Calculated
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↓
Net result weakened
Net result +349.0k NOK → +34.3k NOK (net margin 3.4% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 807.8k NOK → 502.7k NOK (-37.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 63.0k NOK → 78.0k NOK. Reported fact