NORDIC UNMANNED ASA: årsregnskap 2016 vs 2015
Grew 329307% on revenue, weaker earnings, cash halved-plus
approved 2017-06-15; registry 2017-07-04; journal 2017 585261
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for NORDIC UNMANNED ASA. Revenue 1 355 NOK → 4.46m NOK (+329307.0%). Net result -712.8k NOK → -11.48m NOK. Equity 881.5k NOK → 2.06m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for NORDIC UNMANNED ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 355 NOK to 4.46m NOK (+329307.0% YoY). Calculated
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↑
Equity strengthened
Book equity 881.5k NOK → 2.06m NOK (equity ratio 31.8% → 23.7%). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.73m NOK → 14.39m NOK (+12.66m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -714.6k NOK → -11.39m NOK (op. margin -52738.5% → -255.1%). Calculated
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↓
Net result weakened
Net result -712.8k NOK → -11.48m NOK (net margin -52606.6% → -257.3%). Calculated
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↓
Cash fell
Bank deposits 666.0k NOK → 77.5k NOK (-88.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.94× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 71.6k NOK → 3.94m NOK (5281% → 88% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 92.5k NOK → 2.99m NOK (+3128.9% YoY). Calculated