Org.nr 915 330 193 2016 → 2017 Year-over-year analysis

1VASK AS: årsregnskap 2017 vs 2016

Grew 262% on revenue, stronger earnings

approved 2018-05-07; registry 2018-05-23; journal 2018 336605

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 1VASK AS. Revenue 628.4k NOK → 2.28m NOK (+262.3%). Net result +94.4k NOK → +114.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 1VASK AS.

Scorecard

Revenue
628.4k NOK 2.28m NOK
+262.3%
Operating result
+158.6k NOK +164.3k NOK
+3.6%
Net result
+94.4k NOK +114.8k NOK
+21.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 628.4k NOK to 2.28m NOK (+262.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +158.6k NOK → +164.3k NOK (op. margin 25.2% → 7.2%). Calculated

  • ↑

    Net result improved

    Net result +94.4k NOK → +114.8k NOK (net margin 15.0% → 5.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 873.7k NOK → 1.56m NOK (139% → 68% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 81.2k NOK → 15.4k NOK (-81.1% YoY). Calculated