3-BYGG ØSTFOLD AS: årsregnskap 2017 vs 2016
Grew 83% on revenue, weaker earnings, cash halved-plus
approved 2018-05-31; registry 2018-07-11; journal 2018 669243
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3-BYGG ØSTFOLD AS. Revenue 885.7k NOK → 1.62m NOK (+82.6%). Net result +682.1k NOK → +503.6k NOK. Equity 2.23m NOK → 3.74m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3-BYGG ØSTFOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 885.7k NOK to 1.62m NOK (+82.6% YoY). Calculated
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↑
Operating result improved
Operating result +657.3k NOK → +732.5k NOK (op. margin 74.2% → 45.3%). Calculated
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↑
Equity strengthened
Book equity 2.23m NOK → 3.74m NOK (equity ratio 11.2% → 34.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 1.28×. Calculated
What deteriorated
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↓
Net result weakened
Net result +682.1k NOK → +503.6k NOK (net margin 77.0% → 31.1%). Calculated
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↓
Cash fell
Bank deposits 195.2k NOK → 23.5k NOK (-87.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 12.15m NOK → 11.15m NOK. Reported fact