FirmaIQ
Org.nr 973 196 898 2015 → 2016 Year-over-year analysis

AKERSHUS HÅNDTVERKSTJENESTER AS: årsregnskap 2016 vs 2015

Shrank 66% on revenue, returned to profit

approved 2017-05-23; registry 2017-06-03; journal 2017 387250

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AKERSHUS HÅNDTVERKSTJENESTER AS. Revenue 6.85m NOK → 2.30m NOK (-66.4%). Net result -770.1k NOK → +410.3k NOK. Equity -1.45m NOK → -533.5k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS HÅNDTVERKSTJENESTER AS.

At a glance

Scorecard

Revenue
6.85m NOK 2.30m NOK
-66.4%
Operating result
-602.1k NOK +442.4k NOK
+173.5%
Net result
-770.1k NOK +410.3k NOK
+153.3%
Equity
-1.45m NOK -533.5k NOK
+63.1%
Cash
65.7k NOK 394.8k NOK
+500.5%
Total assets
1.85m NOK 1.47m NOK
-20.4%

What improved

  • ↑

    Operating result improved

    Operating result -602.1k NOK → +442.4k NOK (op. margin -8.8% → 19.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 770.1k NOK to a profit of 410.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.45m NOK → -533.5k NOK (equity ratio -78.4% → -36.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.7k NOK → 394.8k NOK (+500.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.23m NOK → 1.55m NOK (33% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.85m NOK to 2.30m NOK (-66.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 75.8k NOK → 1 060 NOK. Reported fact