Org.nr 916 716 648 2015 → 2016 Year-over-year analysis

GRUNDR AS: årsregnskap 2016 vs 2015

Grew 88% on revenue

approved 2017-06-20; registry 2017-06-22; journal 2017 516588

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for GRUNDR AS. Revenue 668 NOK → 1 257 NOK (+88.2%). Equity 30.0k NOK → 14.0k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for GRUNDR AS.

Scorecard

Revenue
668 NOK 1 257 NOK
+88.2%
Net result
n/m -10.4k NOK
—
Equity
30.0k NOK 14.0k NOK
-53.4%
Cash
30.0k NOK 110.3k NOK
+267.6%
Total assets
30.0k NOK 218.1k NOK
+626.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 668 NOK to 1 257 NOK (+88.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 110.3k NOK (+267.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 14.0k NOK (equity ratio 100.0% → 6.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation