2X4 BYGG AS: årsregnskap 2017 vs 2016
Shrank 16% on revenue
approved 2018-04-18; registry 2018-05-09; journal 2018 306974
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2X4 BYGG AS. Revenue 2.11m NOK → 1.78m NOK (-15.5%). Equity 24.7k NOK → 3.14m NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2X4 BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -212.6k NOK → +162.9k NOK (op. margin -10.1% → 9.1%). Calculated
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↑
Equity strengthened
Book equity 24.7k NOK → 3.14m NOK (equity ratio 10.9% → 645.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 1.00× → 1.27×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.11m NOK to 1.78m NOK (-15.5% YoY). Calculated
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↓
Cash fell
Bank deposits 370.3k NOK → 217.5k NOK (-41.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 47.0k NOK → 4.20m NOK (2% → 236% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.93m NOK → 1.25m NOK (-35.0% YoY). Calculated