FirmaIQ
Org.nr 963 865 724 2015 → 2016 Year-over-year analysis

NORCONSULT ASA: årsregnskap 2016 vs 2015

Grew 7% on revenue, weaker earnings, cash halved-plus

approved 2017-04-06; registry 2017-07-11; journal 2017 646040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for NORCONSULT ASA. Revenue 3.97bn NOK → 4.24bn NOK (+6.6%). Net result +223.31m NOK → +231.6k NOK. Equity 273.16m NOK → 272.79m NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for NORCONSULT ASA.

At a glance

Scorecard

Revenue
3.97bn NOK 4.24bn NOK
+6.6%
Net result
+223.31m NOK +231.6k NOK
-99.9%
Equity
273.16m NOK 272.79m NOK
-0.1%
Cash
165.13m NOK 291.5k NOK
-99.8%
Total assets
665.2k NOK 875.0k NOK
+31.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.97bn NOK to 4.24bn NOK (+6.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +223.31m NOK → +231.6k NOK (net margin 5.6% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 273.16m NOK → 272.79m NOK (equity ratio 41066.5% → 31177.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 165.13m NOK → 291.5k NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (165.13m NOK → 291.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.64m NOK → 4.08m NOK. Reported fact