FirmaIQ
Org.nr 990 251 657 2015 → 2016 Year-over-year analysis

LIFECARE ASA: årsregnskap 2016 vs 2015

Stronger earnings, cash halved-plus, fresh owner capital

approved 2017-03-30; registry 2017-06-12; journal 2017 419191

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for LIFECARE ASA. Revenue 1.65m NOK → 1.61m NOK (-2.2%). Net result -7.49m NOK → -4.99m NOK. Equity 1.69m NOK → 5.85m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for LIFECARE ASA.

At a glance

Scorecard

Revenue
1.65m NOK 1.61m NOK
-2.2%
Operating result
-7.24m NOK -4.98m NOK
+31.1%
Net result
-7.49m NOK -4.99m NOK
+33.4%
Equity
1.69m NOK 5.85m NOK
+247.1%
Cash
404.4k NOK 139.3k NOK
-65.6%
Total assets
2.27m NOK 1.86m NOK
-18.2%

What improved

  • ↑

    Operating result improved

    Operating result -7.24m NOK → -4.98m NOK (op. margin -438.7% → -308.7%). Calculated

  • ↑

    Net result improved

    Net result -7.49m NOK → -4.99m NOK (net margin -454.2% → -309.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.69m NOK → 5.85m NOK (equity ratio 74.1% → 314.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 16.46m NOK → 20.62m NOK (+4.16m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 217.5k NOK → 198.3k NOK (13% → 12% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 1.61m NOK (-2.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 404.4k NOK → 139.3k NOK (-65.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.06m NOK → 2.35m NOK (-42.0% YoY). Calculated