IDEX BIOMETRICS ASA: årsregnskap 2016 vs 2015
Shrank 89% on revenue
approved 2017-05-12; registry 2017-08-09; journal 2017 844478
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for IDEX BIOMETRICS ASA. Revenue 349.0k NOK → 38.6k NOK (-89.0%). Net result -228.83m NOK → -200.41m NOK. Equity 746.8k NOK → 562.23m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for IDEX BIOMETRICS ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -228.83m NOK → -200.41m NOK (net margin -65567.6% → -519757.2%). Calculated
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↑
Equity strengthened
Book equity 746.8k NOK → 562.23m NOK (equity ratio 90.5% → 91.8%). Calculated
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↑
Cash rose
Bank deposits 749.3k NOK → 520.99m NOK (+69433.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 12.47×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 349.0k NOK to 38.6k NOK (-89.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 137.0k NOK → 32.7k NOK (-76.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 14.79m NOK → 19.68m NOK. Reported fact