1 2 3 LØFT AS: årsregnskap 2017 vs 2016
Grew 22% on revenue, weaker earnings
approved 2018-04-20; registry 2018-05-09; journal 2018 309656
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 1 2 3 LØFT AS. Revenue 1.22m NOK → 1.49m NOK (+22.3%). Net result +213.3k NOK → +57.1k NOK. Equity 82.4k NOK → 139.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 1 2 3 LØFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.22m NOK to 1.49m NOK (+22.3% YoY). Calculated
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↑
Equity strengthened
Book equity 82.4k NOK → 139.5k NOK (equity ratio 21.1% → 26.2%). Calculated
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↑
Cash rose
Bank deposits 43.5k NOK → 5.18m NOK (+11809.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -38.3k NOK → -221.6k NOK (op. margin -3.1% → -14.9%). Calculated
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↓
Net result weakened
Net result +213.3k NOK → +57.1k NOK (net margin 17.5% → 3.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.45× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 707.2k NOK → 875.6k NOK (58% → 59% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 22.1k NOK → 155.1k NOK (+601.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 67.5k NOK. Reported fact