Org.nr 997 410 440 2015 → 2016 Year-over-year analysis

NORDIC FINANCIALS ASA: årsregnskap 2016 vs 2015

Grew 8% on revenue, fresh owner capital

approved 2017-04-30; registry 2017-08-10; journal 2017 858319

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for NORDIC FINANCIALS ASA. Revenue 724.1k NOK → 780.8k NOK (+7.8%). Equity 3.15m NOK → 83.23m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for NORDIC FINANCIALS ASA.

At a glance

Revenue

724.1k NOK 780.8k NOK

+7.8%

Operating result

-858.2k NOK -12.28m NOK

-1331.2%

Equity

3.15m NOK 83.23m NOK

+2543.6%

Cash

899.9k NOK 688.1k NOK

-23.5%

Total assets

3.48m NOK 90.74m NOK

+2510.6%

↑
Revenue rose

Operating income / revenue moved from 724.1k NOK to 780.8k NOK (+7.8% YoY). Calculated
↑
Equity strengthened

Book equity 3.15m NOK → 83.23m NOK (equity ratio 90.6% → 91.7%). Calculated
↑
Owners injected capital

Paid-in equity rose 2.21m NOK → 95.17m NOK (+92.96m NOK). Reported fact

↓
Operating result weakened

Operating result -858.2k NOK → -12.28m NOK (op. margin -118.5% → -1573.0%). Calculated
↓
Cash fell

Bank deposits 899.9k NOK → 688.1k NOK (-23.5% YoY). Calculated

·
COGS moved

COGS / varekostnad 14.0k NOK → 4.36m NOK (+31052.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 2.56m NOK → 88.11m NOK. Reported fact