FirmaIQ
Org.nr 988 578 932 2015 → 2016 Year-over-year analysis

SMARTDOK AS: årsregnskap 2016 vs 2015

Grew 32% on revenue, weaker earnings

approved 12.06.2017; registry 21.06.2017; journal 2017 495780

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for SMARTDOK AS. Revenue 19.77m NOK → 26.10m NOK (+32.0%). Net result +3.21m NOK → +2.22m NOK. Equity 4.88m NOK → 5.89m NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for SMARTDOK AS.

At a glance

Scorecard

Revenue
19.77m NOK 26.10m NOK
+32.0%
Operating result
+4.23m NOK +2.49m NOK
-41.2%
Net result
+3.21m NOK +2.22m NOK
-30.9%
Equity
4.88m NOK 5.89m NOK
+20.9%
Cash
12.18m NOK 13.47m NOK
+10.6%
Total assets
19.76m NOK 21.86m NOK
+10.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.77m NOK to 26.10m NOK (+32.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.88m NOK → 5.89m NOK (equity ratio 24.7% → 27.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.18m NOK → 13.47m NOK (+10.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.23m NOK → +2.49m NOK (op. margin 21.4% → 9.5%). Calculated

  • ↓

    Net result weakened

    Net result +3.21m NOK → +2.22m NOK (net margin 16.2% → 8.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.33m NOK → 12.70m NOK (47% → 49% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 789.7k NOK → 3.46m NOK (+338.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 13 → 18. Reported fact