FirmaIQ
Org.nr 895 436 232 2015 → 2016 Year-over-year analysis

ATLANTIC SAPPHIRE ASA: årsregnskap 2016 vs 2015

Grew 78% on revenue, weaker earnings, fresh owner capital

approved 2017-04-07; registry 2017-07-29; journal 2017 775540

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ATLANTIC SAPPHIRE ASA. Revenue 1.08m NOK → 1.92m NOK (+78.2%). Net result -12.91m NOK → -17.78m NOK. Equity 39.65m NOK → 179.68m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ATLANTIC SAPPHIRE ASA.

At a glance

Scorecard

Revenue
1.08m NOK 1.92m NOK
+78.2%
Net result
-12.91m NOK -17.78m NOK
-37.7%
Equity
39.65m NOK 179.68m NOK
+353.2%
Cash
7 791 NOK 1.93m NOK
+24703.2%
Total assets
43.47m NOK 184.60m NOK
+324.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.08m NOK to 1.92m NOK (+78.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 39.65m NOK → 179.68m NOK (equity ratio 91.2% → 97.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 791 NOK → 1.93m NOK (+24703.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 55.98m NOK → 195.99m NOK (+140.01m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -12.91m NOK → -17.78m NOK (net margin -1197.2% → -925.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.10m NOK → 6.15m NOK (473% → 320% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad -426.9k NOK → 22.19m NOK (+5297.3% YoY). Calculated