KONGSBERG AUTOMOTIVE ASA: årsregnskap 2016 vs 2015
Shrank 20% on revenue, slipped into loss
approved 2017-06-01; registry 2017-06-20; journal 2017 479409
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for KONGSBERG AUTOMOTIVE ASA. Revenue 43.00m NOK → 34.30m NOK (-20.2%). Net result +20.30m NOK → -11.20m NOK. Equity 308.60m NOK → 315.8k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for KONGSBERG AUTOMOTIVE ASA.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.40m NOK → 6.40m NOK (+357.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.90m NOK → 4.20m NOK (14% → 12% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 43.00m NOK to 34.30m NOK (-20.2% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 20.30m NOK profit to a loss of 11.20m NOK. Calculated
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↓
Equity eroded
Book equity 308.60m NOK → 315.8k NOK (equity ratio 48.4% → 46.6%). Calculated
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↓
COGS moved
COGS / varekostnad 444.6k NOK → 418.75m NOK (+94096.4% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 196.50m NOK → 207.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 599.25m NOK → 630.0k NOK. Reported fact