123 MINILAGER AS: årsregnskap 2017 vs 2016
Grew 7285% on revenue, weaker earnings
approved 2018-06-26; registry 2018-07-24; journal 2018 770249
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 123 MINILAGER AS. Revenue 20.0k NOK → 1.48m NOK (+7285.3%). Net result -461.3k NOK → -1.26m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 123 MINILAGER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.0k NOK to 1.48m NOK (+7285.3% YoY). Calculated
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↑
Operating result improved
Operating result -635.6k NOK → +1.12m NOK (op. margin -3178.0% → 75.8%). Calculated
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↑
Cash rose
Bank deposits 31.2k NOK → 740.5k NOK (+2272.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -461.3k NOK → -1.26m NOK (net margin -2306.4% → -85.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 266.0k NOK → 35.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 469.9k NOK → 716.8k NOK (2349% → 49% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 40.1k NOK → 1.08m NOK (+2602.0% YoY). Calculated