Org.nr 932 142 104 2015 → 2016 Year-over-year analysis

NEKKAR ASA: årsregnskap 2016 vs 2015

Grew 9% on revenue, weaker earnings

approved 2017-06-01; registry 2017-06-20; journal 2017 486688

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NEKKAR ASA. Revenue 49.15m NOK → 53.41m NOK (+8.7%). Net result -48.67m NOK → -127.07m NOK. Equity 536.7k NOK → 296.62m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NEKKAR ASA.

Scorecard

Revenue
49.15m NOK 53.41m NOK
+8.7%
Operating result
+32.01m NOK -71.96m NOK
-324.8%
Net result
-48.67m NOK -127.07m NOK
-161.1%
Equity
536.7k NOK 296.62m NOK
+55171.3%
Cash
398.0k NOK 297.0k NOK
-25.4%
Total assets
787.47m NOK 700.34m NOK
-11.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 49.15m NOK to 53.41m NOK (+8.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 536.7k NOK → 296.62m NOK (equity ratio 0.1% → 42.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.37× → 1.18×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +32.01m NOK → -71.96m NOK (op. margin 65.1% → -134.7%). Calculated

  • ↓

    Net result weakened

    Net result -48.67m NOK → -127.07m NOK (net margin -99.0% → -237.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 398.0k NOK → 297.0k NOK (-25.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 691.98m NOK → 0 NOK. Reported fact