FirmaIQ
Org.nr 886 582 412 2015 → 2016 Year-over-year analysis

AQUA BIO TECHNOLOGY ASA: årsregnskap 2016 vs 2015

Grew 27% on revenue, weaker earnings

approved 2017-04-18; registry 2017-07-29; journal 2017 780530

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AQUA BIO TECHNOLOGY ASA. Revenue 38.93m NOK → 49.41m NOK (+26.9%). Net result +17.45m NOK → +1.46m NOK. Equity 83.89m NOK → 85.19m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AQUA BIO TECHNOLOGY ASA.

At a glance

Scorecard

Revenue
38.93m NOK 49.41m NOK
+26.9%
Operating result
+15.42m NOK +2.86m NOK
-81.5%
Net result
+17.45m NOK +1.46m NOK
-91.6%
Equity
83.89m NOK 85.19m NOK
+1.6%
Cash
41.98m NOK 46.18m NOK
+10.0%
Total assets
103.71m NOK 101.77m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.93m NOK to 49.41m NOK (+26.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 83.89m NOK → 85.19m NOK (equity ratio 80.9% → 83.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 41.98m NOK → 46.18m NOK (+10.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 72.25m NOK → 72.98m NOK (+722.8k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +15.42m NOK → +2.86m NOK (op. margin 39.6% → 5.8%). Calculated

  • ↓

    Net result weakened

    Net result +17.45m NOK → +1.46m NOK (net margin 44.8% → 3.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 326 NOK → 78.0k NOK (+23826.4% YoY). Calculated