ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2016 vs 2015
Grew 46% on revenue, cash halved-plus
approved 2017-03-16; registry 2017-07-18; journal 2017 704458
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 9.93m NOK → 14.52m NOK (+46.2%). Net result -17.34m NOK → -20.48m NOK. Equity 306.51m NOK → 303.80m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.93m NOK to 14.52m NOK (+46.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 220.3k NOK → 222.1k NOK (+1 726 NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -17.34m NOK → -20.48m NOK (net margin -174.6% → -141.0%). Calculated
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↓
Equity eroded
Book equity 306.51m NOK → 303.80m NOK (equity ratio 98.8% → 98.9%). Calculated
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↓
Cash fell
Bank deposits 134.49m NOK → 61.13m NOK (-54.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 12.09m NOK → 13.71m NOK (122% → 94% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 174.61m NOK → 244.5k NOK. Reported fact