Org.nr 989 001 906 2015 → 2016 Year-over-year analysis

HHK HOLDING & CONSULTING AS: årsregnskap 2016 vs 2015

Shrank 136% on revenue, weaker earnings

approved 2017-06-26; registry 2017-06-29; journal 2017 558757

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for HHK HOLDING & CONSULTING AS. Revenue 687.1k NOK → -245.3k NOK (-135.7%). Net result +506.8k NOK → +55.3k NOK. Equity 11.33m NOK → 11.39m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HHK HOLDING & CONSULTING AS.

Scorecard

Revenue
687.1k NOK -245.3k NOK
-135.7%
Net result
+506.8k NOK +55.3k NOK
-89.1%
Equity
11.33m NOK 11.39m NOK
+0.5%
Cash
5.38m NOK 4.30m NOK
-20.2%
Total assets
12.01m NOK 11.82m NOK
-1.6%

What improved

  • ↑

    Equity strengthened

    Book equity 11.33m NOK → 11.39m NOK (equity ratio 94.4% → 96.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 255.9k NOK → 1 255 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 687.1k NOK to -245.3k NOK (-135.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +506.8k NOK → +55.3k NOK (net margin 73.8% → -22.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.38m NOK → 4.30m NOK (-20.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.51m NOK → 7.43m NOK. Reported fact