29 MINUTE BOOKS AS: årsregnskap 2017 vs 2016
Grew 823% on revenue
approved 2018-06-28; registry 2018-07-26; journal 2018 800572
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 29 MINUTE BOOKS AS. Revenue 46.0k NOK → 425.0k NOK (+823.1%). Equity -120.9k NOK → 34.9k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 29 MINUTE BOOKS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 46.0k NOK to 425.0k NOK (+823.1% YoY). Calculated
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↑
Equity strengthened
Book equity -120.9k NOK → 34.9k NOK (equity ratio -84.2% → 12.3%). Calculated
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↑
Cash rose
Bank deposits 12.6k NOK → 225.4k NOK (+1687.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 1.14×. Calculated
Things to notice
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·
Payroll increased
Salary cost 38.2k NOK → 3.36m NOK (83% → 790% of revenue). Calculated