FirmaIQ
Org.nr 938 992 185 2015 → 2016 Year-over-year analysis

HEXAGON COMPOSITES ASA: årsregnskap 2016 vs 2015

Shrank 21% on revenue, returned to profit, fresh owner capital

approved 2017-04-20; registry 2017-07-17; journal 2017 691908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for HEXAGON COMPOSITES ASA. Revenue 43.57m NOK → 34.36m NOK (-21.1%). Net result -1.64m NOK → +49.60m NOK. Equity 90.40m NOK → 792.83m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HEXAGON COMPOSITES ASA.

At a glance

Scorecard

Revenue
43.57m NOK 34.36m NOK
-21.1%
Operating result
+37.51m NOK +299.27m NOK
+697.8%
Net result
-1.64m NOK +49.60m NOK
+3133.8%
Equity
90.40m NOK 792.83m NOK
+777.0%
Cash
670 NOK 27.3k NOK
+3970.1%
Total assets
583.15m NOK 1.29m NOK
-99.8%

What improved

  • ↑

    Operating result improved

    Operating result +37.51m NOK → +299.27m NOK (op. margin 86.1% → 870.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.64m NOK to a profit of 49.60m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 90.40m NOK → 792.83m NOK (equity ratio 15.5% → 61590.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 670 NOK → 27.3k NOK (+3970.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 90.40m NOK → 750.94m NOK (+660.53m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.57m NOK to 34.36m NOK (-21.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.30m NOK → 301.0k NOK. Reported fact