Org.nr 915 915 833 2016 → 2017 Year-over-year analysis

15 KNOP AS: årsregnskap 2017 vs 2016

Grew 56% on revenue

approved 2018-05-16; registry 2018-06-09; journal 2018 448804

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 15 KNOP AS. Revenue 21.4k NOK → 33.4k NOK (+55.9%). Equity 55.5k NOK → 5.14m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 15 KNOP AS.

Scorecard

Revenue
21.4k NOK 33.4k NOK
+55.9%
Operating result
+49.5k NOK +113.7k NOK
+129.8%
Net result
n/m +86.9k NOK
—
Equity
55.5k NOK 5.14m NOK
+9157.5%
Cash
138.5k NOK 103.5k NOK
-25.3%
Total assets
228.8k NOK 201.3k NOK
-12.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.4k NOK to 33.4k NOK (+55.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +49.5k NOK → +113.7k NOK (op. margin 231.0% → 340.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 55.5k NOK → 5.14m NOK (equity ratio 24.3% → 2554.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 4.19×. Calculated

  • ↑

    Payroll decreased

    Salary cost 841.1k NOK → -89.5k NOK (3927% → -268% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 138.5k NOK → 103.5k NOK (-25.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 58.7k NOK → 84.4k NOK. Reported fact