15 MEANINGS AS: årsregnskap 2017 vs 2016
Shrank 11% on revenue
approved 2019-01-17; registry 2019-02-04; journal 2019 205184
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 15 MEANINGS AS. Revenue 2.02m NOK → 1.80m NOK (-11.1%). Equity 182.1k NOK → 86.5k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.02m NOK
1.80m NOK
-11.1%
Operating result
+205.4k NOK
-93.5k NOK
-145.5%
Equity
182.1k NOK
86.5k NOK
-52.5%
Cash
145.7k NOK
93.1k NOK
-36.1%
Total assets
520.2k NOK
472.7k NOK
-9.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.02m NOK to 1.80m NOK (-11.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +205.4k NOK → -93.5k NOK (op. margin 10.1% → -5.2%). Calculated
-
↓
Equity eroded
Book equity 182.1k NOK → 86.5k NOK (equity ratio 35.0% → 18.3%). Calculated
-
↓
Cash fell
Bank deposits 145.7k NOK → 93.1k NOK (-36.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 225.6k NOK → 1.28m NOK (11% → 71% of revenue). Calculated