AKERSHUS VVS AS: årsregnskap 2016 vs 2015
Shrank 22% on revenue
approved 2017-02-28; registry 2017-03-28; journal 2017 248928
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKERSHUS VVS AS. Revenue 12.75m NOK → 9.89m NOK (-22.4%). Net result +288.4k NOK → +286.0k NOK. Equity 1.51m NOK → 1.04m NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKERSHUS VVS AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.28×. Calculated
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↑
Payroll decreased
Salary cost 4.03m NOK → 3.51m NOK (32% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.75m NOK to 9.89m NOK (-22.4% YoY). Calculated
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↓
Operating result weakened
Operating result +1.86bn NOK → +326.0k NOK (op. margin 14598.4% → 3.3%). Calculated
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↓
Equity eroded
Book equity 1.51m NOK → 1.04m NOK (equity ratio 27.6% → 39.3%). Calculated
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↓
Cash fell
Bank deposits 678.8k NOK → 492.6k NOK (-27.4% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 211.6k NOK → 84.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 4.86m NOK → 4.06m NOK (-16.4% YoY). Calculated