Org.nr 980 489 876 2015 → 2016 Year-over-year analysis

ULSTEIN GROUP ASA: årsregnskap 2016 vs 2015

Grew 536% on revenue, weaker earnings

approved 2016-12-31; registry 2017-08-02; journal 2017 813946

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ULSTEIN GROUP ASA. Revenue 2.33bn NOK → 14.85bn NOK (+536.3%). Net result -127.63m NOK → -465.46m NOK.

On the constructive side: revenue rose. Pressures included: net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ULSTEIN GROUP ASA.

At a glance

Revenue

2.33bn NOK 14.85bn NOK

+536.3%

Operating result

n/m -10.34m NOK

—

Net result

-127.63m NOK -465.46m NOK

-264.7%

↑
Revenue rose

Operating income / revenue moved from 2.33bn NOK to 14.85bn NOK (+536.3% YoY). Calculated

↓
Net result weakened

Net result -127.63m NOK → -465.46m NOK (net margin -5.5% → -3.1%). Calculated

·
COGS fell

COGS / varekostnad 31.0k NOK → 2 000 NOK (-93.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.47bn NOK → 997.69m NOK. Reported fact