2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS: årsregnskap 2017 vs 2016
Grew 78% on revenue, returned to profit
approved 2018-05-31; registry 2018-07-17; journal 2018 720485
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS. Revenue 335.9k NOK → 597.5k NOK (+77.9%). Net result -18.8k NOK → +29.3k NOK. Equity 2 894 NOK → 32.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 335.9k NOK to 597.5k NOK (+77.9% YoY). Calculated
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Operating result improved
Operating result -18.8k NOK → +39.9k NOK (op. margin -5.6% → 6.7%). Calculated
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Turned profitable
Net result flipped from a loss of 18.8k NOK to a profit of 29.3k NOK. Calculated
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Equity strengthened
Book equity 2 894 NOK → 32.1k NOK (equity ratio 7.9% → 112.9%). Calculated
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Cash rose
Bank deposits 10.5k NOK → 28.5k NOK (+171.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 123 NOK → 270.5k NOK (1% → 45% of revenue). Calculated
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COGS moved
COGS / varekostnad 83.6k NOK → 115.3k NOK (+38.0% YoY). Calculated