OSLO BØRS ASA: årsregnskap 2016 vs 2015
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2017-05-09; registry 2017-06-01; journal 2017 368829
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for OSLO BØRS ASA. Revenue 428.62m NOK → 429.9k NOK (-99.9%). Net result +153.9k NOK → +10.18m NOK. Equity 248.59m NOK → 244.55m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for OSLO BØRS ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +153.9k NOK → +10.18m NOK (net margin 0.0% → 2367.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 428.62m NOK to 429.9k NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +224.00m NOK → +218.89m NOK (op. margin 52.3% → 50913.5%). Calculated
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↓
Equity eroded
Book equity 248.59m NOK → 244.55m NOK (equity ratio 49.2% → 46543.9%). Calculated
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↓
Cash fell
Bank deposits 168.41m NOK → 188.6k NOK (-99.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 15.10m NOK → 15.11m NOK (4% → 3514% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (168.41m NOK → 188.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 222.76m NOK → 222.61m NOK. Reported fact