360 VEST AS: årsregnskap 2017 vs 2016
Shrank 60% on revenue, stronger earnings
approved 2018-06-25; registry 2018-06-27; journal 2018 579064
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 360 VEST AS. Revenue 2.31m NOK → 932.3k NOK (-59.6%). Net result +201.3k NOK → +250.3k NOK. Equity 186.6k NOK → 187.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +268.4k NOK → +329.5k NOK (op. margin 11.6% → 35.3%). Calculated
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Net result improved
Net result +201.3k NOK → +250.3k NOK (net margin 8.7% → 26.8%). Calculated
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Cash rose
Bank deposits 174.5k NOK → 209.6k NOK (+20.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.31m NOK to 932.3k NOK (-59.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.53× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 111.3k NOK → 498.3k NOK (+347.5% YoY). Calculated