FirmaIQ
Org.nr 915 501 680 2015 → 2016 Year-over-year analysis

OTOVO ASA: årsregnskap 2016 vs 2015

Grew 136% on revenue, weaker earnings, fresh owner capital

approved 2017-02-17; registry 2017-03-08; journal 2017 224406

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for OTOVO ASA. Revenue 442 NOK → 1 042 NOK (+135.7%). Net result -125.8k NOK → -9.81m NOK. Equity -75.8k NOK → 13.14m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
442 NOK 1 042 NOK
+135.7%
Operating result
n/m -9.82m NOK
—
Net result
-125.8k NOK -9.81m NOK
-7695.2%
Equity
-75.8k NOK 13.14m NOK
+17442.7%
Cash
50.0k NOK 8.14m NOK
+16173.7%
Total assets
78.9k NOK 19.42m NOK
+24503.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 442 NOK to 1 042 NOK (+135.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -75.8k NOK → 13.14m NOK (equity ratio -96.0% → 67.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 50.0k NOK → 8.14m NOK (+16173.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.51× → 38.96×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 23.40m NOK (+23.35m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -125.8k NOK → -9.81m NOK (net margin -28458.1% → -940995.1%). Calculated