221 CONSULTING AS: årsregnskap 2017 vs 2016
Shrank 11% on revenue
approved 2018-04-08; registry 2018-04-16; journal 2018 264398
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 221 CONSULTING AS. Revenue 2.48m NOK → 2.22m NOK (-10.6%). Equity 731.0k NOK → 171.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 221 CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.01m NOK → 1.24m NOK (+22.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.48m NOK to 2.22m NOK (-10.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +559.0k NOK → +407.0k NOK (op. margin 22.5% → 18.4%). Calculated
-
↓
Equity eroded
Book equity 731.0k NOK → 171.0k NOK (equity ratio 52.6% → 9.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 36.0k NOK → 63.0k NOK. Reported fact