Org.nr 982 904 420 2015 → 2016 Year-over-year analysis

NEXT BIOMETRICS GROUP ASA: årsregnskap 2016 vs 2015

Grew 65% on revenue, fresh owner capital

approved 2017-05-24; registry 2017-07-11; journal 2017 644162

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NEXT BIOMETRICS GROUP ASA. Revenue 3.02m NOK → 4.98m NOK (+64.6%). Equity 412.08m NOK → 597.97m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.

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

Scorecard

Revenue
3.02m NOK 4.98m NOK
+64.6%
Net result
-121.53m NOK n/m
—
Equity
412.08m NOK 597.97m NOK
+45.1%
Cash
128.09m NOK 100.33m NOK
-21.7%
Total assets
423.06m NOK 604.24m NOK
+42.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.02m NOK to 4.98m NOK (+64.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 412.08m NOK → 597.97m NOK (equity ratio 97.4% → 99.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 412.08m NOK → 597.97m NOK (+185.88m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 12.21m NOK → 4.59m NOK (404% → 92% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 128.09m NOK → 100.33m NOK (-21.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 285.09m NOK → 490.97m NOK. Reported fact