KID ASA: årsregnskap 2016 vs 2015
Grew 9% on revenue, cash halved-plus, fresh owner capital
approved 2017-04-06; registry 2017-07-03; journal 2017 569511
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for KID ASA. Revenue 1.19m NOK → 1.29m NOK (+8.9%). Equity 841.0k NOK → 882.2k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for KID ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.19m NOK to 1.29m NOK (+8.9% YoY). Calculated
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↑
Equity strengthened
Book equity 841.0k NOK → 882.2k NOK (equity ratio 0.1% → 0.1%). Calculated
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↑
Owners injected capital
Paid-in equity rose 434.4k NOK → 434.44m NOK (+434.01m NOK). Reported fact
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↑
Payroll decreased
Salary cost 11.27m NOK → 7.90m NOK (948% → 610% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 173.75m NOK → 213.2k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (173.75m NOK → 213.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 15.50m NOK → 15.52m NOK (+0.1% YoY). Calculated