12MR FRAMNÆS AS: årsregnskap 2017 vs 2016
Shrank 18% on revenue, returned to profit, fresh owner capital
approved 2018-06-18; registry 2018-06-25; journal 2018 537488
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 12MR FRAMNÆS AS. Revenue 428.4k NOK → 350.3k NOK (-18.2%). Net result -1.07m NOK → +3.72m NOK. Equity -20.47m NOK → 2.15m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 1.07m NOK to a profit of 3.72m NOK. Calculated
-
↑
Equity strengthened
Book equity -20.47m NOK → 2.15m NOK (equity ratio -261.3% → 6.6%). Calculated
-
↑
Cash rose
Bank deposits 145.3k NOK → 223.1k NOK (+53.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.80× → 32.80×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 2.35m NOK → 21.26m NOK (+18.90m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 428.4k NOK to 350.3k NOK (-18.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -338.8k NOK → -761.1k NOK (op. margin -79.1% → -217.3%). Calculated