Org.nr 995 311 321 2016 → 2017 Year-over-year analysis

1HJELP.NO AS: årsregnskap 2017 vs 2016

Grew 211% on revenue, weaker earnings

approved 2018-05-19; registry 2018-05-29; journal 2018 370687

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 1HJELP.NO AS. Revenue 653.9k NOK → 2.03m NOK (+210.6%). Net result +196.61bn NOK → 0 NOK. Equity 577.6k NOK → 381.0k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 1HJELP.NO AS.

Scorecard

Revenue
653.9k NOK 2.03m NOK
+210.6%
Operating result
n/m -187.6k NOK
—
Net result
+196.61bn NOK 0 NOK
-100.0%
Equity
577.6k NOK 381.0k NOK
-34.0%
Cash
108.7k NOK 166.0k NOK
+52.7%
Total assets
709.5k NOK 509.3k NOK
-28.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 653.9k NOK to 2.03m NOK (+210.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 108.7k NOK → 166.0k NOK (+52.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +196.61bn NOK → 0 NOK (net margin 30065557.5% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 577.6k NOK → 381.0k NOK (equity ratio 81.4% → 74.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 123 NOK → 409.3k NOK (1% → 20% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 743.2k NOK → 1 119 NOK (-99.8% YoY). Calculated