Org.nr 914 204 364 2016 → 2017 Year-over-year analysis

1852 INVEST AS: årsregnskap 2017 vs 2016

Shrank 65% on revenue

approved 2018-05-31; registry 2018-06-28; journal 2018 566540

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 1852 INVEST AS. Revenue 29.31m NOK → 10.39m NOK (-64.6%). Equity 20.76m NOK → 19.13m NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 1852 INVEST AS.

At a glance

Revenue

29.31m NOK 10.39m NOK

-64.6%

Equity

20.76m NOK 19.13m NOK

-7.9%

Cash

424.5k NOK 936.6k NOK

+120.6%

Total assets

60.17m NOK 32.19m NOK

-46.5%

↑
Cash rose

Bank deposits 424.5k NOK → 936.6k NOK (+120.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.78× → 1.04×. Calculated
↑
Payroll decreased

Salary cost 25.35m NOK → 23.85m NOK (86% → 230% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 29.31m NOK to 10.39m NOK (-64.6% YoY). Calculated
↓
Equity eroded

Book equity 20.76m NOK → 19.13m NOK (equity ratio 34.5% → 59.4%). Calculated
↓
COGS moved

COGS / varekostnad 116.14m NOK → 124.37m NOK (+7.1% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 20.76m NOK → 9.37m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 29.32m NOK → 18.67m NOK. Reported fact