KITRON ASA: årsregnskap 2016 vs 2015
Grew 6% on revenue
approved 2017-04-25; registry 2017-06-06; journal 2017 389062
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for KITRON ASA. Revenue 68.84m NOK → 73.06m NOK (+6.1%). Net result +72.22m NOK → +74.55m NOK. Equity 539.1k NOK → 519.97m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for KITRON ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 68.84m NOK to 73.06m NOK (+6.1% YoY). Calculated
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↑
Operating result improved
Operating result +102.74m NOK → +120.56m NOK (op. margin 149.2% → 165.0%). Calculated
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↑
Equity strengthened
Book equity 539.1k NOK → 519.97m NOK (equity ratio 83.0% → 83.6%). Calculated
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↑
Cash rose
Bank deposits 30.60m NOK → 34.82m NOK (+13.8% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 260.12m NOK → 260.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 244.1k NOK → 348.1k NOK (+42.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 476.8k NOK → 468.47m NOK. Reported fact