FirmaIQ
Org.nr 911 837 722 2016 → 2017 Year-over-year analysis

123KULDE AS: årsregnskap 2017 vs 2016

Shrank 71% on revenue, weaker earnings

approved 2018-02-05; registry 2018-03-26; journal 2018 246076

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 123KULDE AS. Revenue 1.31m NOK → 377.7k NOK (-71.1%). Net result +69.6k NOK → +500 NOK. Equity 216.5k NOK → 166.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.31m NOK 377.7k NOK
-71.1%
Operating result
+93.8k NOK +264.2k NOK
+181.6%
Net result
+69.6k NOK +500 NOK
-99.3%
Equity
216.5k NOK 166.0k NOK
-23.4%
Cash
145.7k NOK 205.6k NOK
+41.1%
Total assets
408.9k NOK 397.5k NOK
-2.8%

What improved

  • ↑

    Operating result improved

    Operating result +93.8k NOK → +264.2k NOK (op. margin 7.2% → 69.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 145.7k NOK → 205.6k NOK (+41.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.31m NOK to 377.7k NOK (-71.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +69.6k NOK → +500 NOK (net margin 5.3% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 216.5k NOK → 166.0k NOK (equity ratio 52.9% → 41.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 601.0k NOK → 638.4k NOK (46% → 169% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 271.2k NOK → 448.6k NOK (+65.4% YoY). Calculated