ARENDALS FOSSEKOMPANI ASA: årsregnskap 2016 vs 2015
Shrank 100% on revenue, weaker earnings
approved 2017-05-16; registry 2017-06-13; journal 2017 420329
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ARENDALS FOSSEKOMPANI ASA. Revenue 106.88m NOK → 112.7k NOK (-99.9%). Net result +191.54m NOK → +327.5k NOK. Equity 2.31bn NOK → 2.36bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ARENDALS FOSSEKOMPANI ASA.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.31bn NOK → 2.36bn NOK (equity ratio 49.7% → 51.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 106.88m NOK to 112.7k NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +43.56m NOK → +37.87m NOK (op. margin 40.8% → 33592.1%). Calculated
-
↓
Net result weakened
Net result +191.54m NOK → +327.5k NOK (net margin 179.2% → 290.6%). Calculated
-
↓
Cash fell
Bank deposits 79.38m NOK → 62.07m NOK (-21.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 23.59m NOK → 33.41m NOK (22% → 29641% of revenue). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 195.27m NOK → 151.84m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 5.73m NOK → 5.11m NOK (-10.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 2.10bn NOK → 2.14bn NOK. Reported fact