Org.nr 993 109 940 2016 → 2017 Year-over-year analysis

247 ENERGY AS: årsregnskap 2017 vs 2016

Fresh owner capital

approved 2018-05-31; registry 2018-07-12; journal 2018 694364

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 247 ENERGY AS. Revenue 2.29m NOK → 2.33m NOK (+1.9%). Equity -4.72m NOK → -4.90m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 247 ENERGY AS.

At a glance

Revenue

2.29m NOK 2.33m NOK

+1.9%

Operating result

n/m +374.1k NOK

—

Net result

-375.9k NOK n/m

—

Equity

-4.72m NOK -4.90m NOK

-3.8%

Cash

215.2k NOK 317.8k NOK

+47.7%

Total assets

453.8k NOK 822.9k NOK

+81.3%

↑
Revenue rose

Operating income / revenue moved from 2.29m NOK to 2.33m NOK (+1.9% YoY). Calculated
↑
Cash rose

Bank deposits 215.2k NOK → 317.8k NOK (+47.7% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 100.0k NOK → 341.5k NOK (+241.5k NOK). Reported fact

↓
Equity eroded

Book equity -4.72m NOK → -4.90m NOK (equity ratio -1040.4% → -595.3%). Calculated

·
Payroll increased

Salary cost 804.7k NOK → 1.01m NOK (35% → 43% of revenue). Calculated