FirmaIQ
Org.nr 994 986 775 2016 → 2017 Year-over-year analysis

123BILMEGLER HARDANGER AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-08-08; registry 2018-08-15; journal 2018 910611

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 123BILMEGLER HARDANGER AS. Revenue 5.68m NOK → 5.87m NOK (+3.4%). Net result +172.8k NOK → +107.1k NOK. Equity -206.6k NOK → -313.7k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 123BILMEGLER HARDANGER AS.

At a glance

Scorecard

Revenue
5.68m NOK 5.87m NOK
+3.4%
Operating result
+213.8k NOK +26.4k NOK
-87.6%
Net result
+172.8k NOK +107.1k NOK
-38.0%
Equity
-206.6k NOK -313.7k NOK
-51.8%
Cash
14.1k NOK 56.3k NOK
+298.7%
Total assets
143.8k NOK 1.78m NOK
+1135.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.68m NOK to 5.87m NOK (+3.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 14.1k NOK → 56.3k NOK (+298.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 280.9k NOK → 262.9k NOK (5% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +213.8k NOK → +26.4k NOK (op. margin 3.8% → 0.4%). Calculated

  • ↓

    Net result weakened

    Net result +172.8k NOK → +107.1k NOK (net margin 3.0% → 1.8%). Calculated

  • ↓

    Equity eroded

    Book equity -206.6k NOK → -313.7k NOK (equity ratio -143.6% → -17.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.75m NOK → 5.18m NOK (+9.0% YoY). Calculated