SALMAR ASA: årsregnskap 2016 vs 2015
Grew 115078% on revenue, stronger earnings, cash halved-plus
approved 2017-06-06; registry 2017-06-20; journal 2017 485348
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for SALMAR ASA. Revenue 62.7k NOK → 72.17m NOK (+115077.9%). Net result +942.9k NOK → +2.34m NOK. Equity 1.06bn NOK → 2.08bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for SALMAR ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 62.7k NOK to 72.17m NOK (+115077.9% YoY). Calculated
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Net result improved
Net result +942.9k NOK → +2.34m NOK (net margin 1504.8% → 3.2%). Calculated
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Equity strengthened
Book equity 1.06bn NOK → 2.08bn NOK (equity ratio 20.8% → 27.2%). Calculated
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Owners injected capital
Paid-in equity rose 494.0k NOK → 522.4k NOK (+28.5k NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 147.74m NOK → 8.16m NOK (-94.5% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (147.74m NOK → 8.16m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 41.4k NOK → 52.36m NOK (66% → 73% of revenue). Calculated
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Book investments changed
Investment / intangible book value 10 NOK → 10.0k NOK. Reported fact