&MORE AS: årsregnskap 2016 vs 2015
Grew 26% on revenue, cash halved-plus
approved 2017-05-22; registry 2017-06-07; journal 2017 392094
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for &MORE AS. Revenue 3.00m NOK → 3.77m NOK (+25.9%). Equity 32.2k NOK → 31.0k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for &MORE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.00m NOK to 3.77m NOK (+25.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 32.2k NOK → 31.0k NOK (equity ratio 3.3% → 21.7%). Calculated
-
↓
Cash fell
Bank deposits 3.72m NOK → 759.7k NOK (-79.6% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.72m NOK → 759.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Payroll increased
Salary cost 2.50m NOK → 2.90m NOK (83% → 77% of revenue). Calculated