Org.nr 999 006 434 2016 → 2017 Year-over-year analysis

1T TØMRER AS: årsregnskap 2017 vs 2016

Grew 14% on revenue

approved 2018-05-29; registry 2018-07-30; journal 2018 825484

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 1T TØMRER AS. Revenue 2.49m NOK → 2.84m NOK (+14.1%). Equity 254.6k NOK → 237.9k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 1T TØMRER AS.

Scorecard

Revenue
2.49m NOK 2.84m NOK
+14.1%
Net result
+181.4k NOK n/m
—
Equity
254.6k NOK 237.9k NOK
-6.5%
Cash
193.0k NOK 271.6k NOK
+40.7%
Total assets
195.5k NOK 903.8k NOK
+362.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.49m NOK to 2.84m NOK (+14.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 193.0k NOK → 271.6k NOK (+40.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -9.38× → 1.78×. Calculated

  • ↑

    Payroll decreased

    Salary cost 4.54m NOK → 3.76m NOK (183% → 132% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 254.6k NOK → 237.9k NOK (equity ratio 130.2% → 26.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 471.5k NOK → 1.65m NOK (+249.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 257.1k NOK → 72.7k NOK. Reported fact