Org.nr 943 784 299 2016 → 2017 Year-over-year analysis

1891 HOLDING AS: årsregnskap 2017 vs 2016

Shrank 25% on revenue

approved 2018-06-26; registry 2018-07-26; journal 2018 798206

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 1891 HOLDING AS. Revenue 254.3k NOK → 192.0k NOK (-24.5%). Equity 30.11m NOK → 33.71m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Revenue

254.3k NOK 192.0k NOK

-24.5%

Operating result

-1.20m NOK -840.9k NOK

+29.7%

Net result

+2.55m NOK n/m

—

Equity

30.11m NOK 33.71m NOK

+12.0%

Cash

682.8k NOK 691.6k NOK

+1.3%

Total assets

46.36m NOK 37.58m NOK

-19.0%

↑
Operating result improved

Operating result -1.20m NOK → -840.9k NOK (op. margin -470.1% → -438.0%). Calculated
↑
Equity strengthened

Book equity 30.11m NOK → 33.71m NOK (equity ratio 64.9% → 89.7%). Calculated
↑
Cash rose

Bank deposits 682.8k NOK → 691.6k NOK (+1.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 254.3k NOK to 192.0k NOK (-24.5% YoY). Calculated
↓
COGS moved

COGS / varekostnad 56.39m NOK → 68.27m NOK (+21.1% YoY). Calculated