1-2-3 BYGG VEST AS: årsregnskap 2017 vs 2016
Grew 760% on revenue, stronger earnings
approved 2018-04-16; registry 2018-04-23; journal 2018 279367
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 1-2-3 BYGG VEST AS. Revenue 149.3k NOK → 1.28m NOK (+760.3%). Net result +41.1k NOK → +650.4k NOK. Equity 137.6k NOK → 87.2k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 1-2-3 BYGG VEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 149.3k NOK to 1.28m NOK (+760.3% YoY). Calculated
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↑
Net result improved
Net result +41.1k NOK → +650.4k NOK (net margin 27.5% → 50.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +58.3k NOK → +46.6k NOK (op. margin 39.1% → 3.6%). Calculated
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↓
Equity eroded
Book equity 137.6k NOK → 87.2k NOK (equity ratio 31.0% → 23.9%). Calculated
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↓
Cash fell
Bank deposits 205.0k NOK → 184.7k NOK (-9.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 1.09m NOK (0% → 85% of revenue). Calculated