Org.nr 819 731 322 2015 → 2016 Year-over-year analysis

NORGESGRUPPEN ASA: årsregnskap 2016 vs 2015

Grew 78761% on revenue, stronger earnings

approved 2017-03-30; registry 2017-07-11; journal 2017 641816

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NORGESGRUPPEN ASA. Revenue 360.5k NOK → 284.33m NOK (+78761.5%). Net result +1.65bn NOK → +2.44bn NOK. Equity 10.93bn NOK → 10.82bn NOK.

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

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

Scorecard

Revenue
360.5k NOK 284.33m NOK
+78761.5%
Net result
+1.65bn NOK +2.44bn NOK
+47.6%
Equity
10.93bn NOK 10.82bn NOK
-1.0%
Cash
220.0k NOK 2.71m NOK
+1133.2%
Total assets
27.21bn NOK 25.66bn NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 360.5k NOK to 284.33m NOK (+78761.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.65bn NOK → +2.44bn NOK (net margin 458317.4% → 858.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 220.0k NOK → 2.71m NOK (+1133.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.83bn NOK → 1.83bn NOK (+395.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.93bn NOK → 10.82bn NOK (equity ratio 40.2% → 42.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.22m NOK → 3.24m NOK (892% → 1% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 56.16bn NOK → 58.60bn NOK (+4.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 699.0k NOK → 726 NOK. Reported fact