Org.nr 927 124 238 2015 → 2016 Year-over-year analysis

TOMRA SYSTEMS ASA: årsregnskap 2016 vs 2015

Grew 92079% on revenue, weaker earnings

approved 2017-04-27; registry 2017-05-09; journal 2017 313246

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for TOMRA SYSTEMS ASA. Revenue 1.61m NOK → 1.49bn NOK (+92078.8%). Net result +344.00m NOK → +738.0k NOK. Equity 1.46bn NOK → 1.75bn NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: net result weakened.

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

Scorecard

Revenue
1.61m NOK 1.49bn NOK
+92078.8%
Operating result
+418.0k NOK n/m
—
Net result
+344.00m NOK +738.0k NOK
-99.8%
Equity
1.46bn NOK 1.75bn NOK
+20.2%
Cash
170 NOK 110 NOK
-35.3%
Total assets
4.41bn NOK 4.35bn NOK
-1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 1.49bn NOK (+92078.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.46bn NOK → 1.75bn NOK (equity ratio 33.0% → 40.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 621.17×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +344.00m NOK → +738.0k NOK (net margin 21353.2% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.18m NOK → 17.21m NOK (1067% → 1% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.91m NOK → 2.88m NOK (-1.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.79bn NOK → 3.82bn NOK. Reported fact