Org.nr 920 237 126 2015 → 2016 Year-over-year analysis

ATEA ASA: årsregnskap 2016 vs 2015

Grew 30% on revenue, stronger earnings

approved 2017-03-21; registry 2017-03-29; journal 2017 252278

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ATEA ASA. Revenue 27.00m NOK → 35.00m NOK (+29.6%). Net result +619.0k NOK → +526.00m NOK. Equity 2.29bn NOK → 1.52bn NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ATEA ASA.

Scorecard

Revenue
27.00m NOK 35.00m NOK
+29.6%
Net result
+619.0k NOK +526.00m NOK
+84875.8%
Equity
2.29bn NOK 1.52bn NOK
-33.7%
Cash
362.0k NOK 710.0k NOK
+96.1%
Total assets
5.20bn NOK 5.62bn NOK
+8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.00m NOK to 35.00m NOK (+29.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +619.0k NOK → +526.00m NOK (net margin 2.3% → 1502.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 362.0k NOK → 710.0k NOK (+96.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.29bn NOK → 1.52bn NOK (equity ratio 44.0% → 27.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.18bn NOK → 269.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.37bn NOK → 4.43bn NOK. Reported fact