365 IDEER AS: årsregnskap 2017 vs 2016
Shrank 37% on revenue, slipped into loss
approved 2018-05-28; registry 2018-06-07; journal 2018 424832
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 365 IDEER AS. Revenue 1.57m NOK → 983.1k NOK (-37.4%). Net result +37.7k NOK → -198.6k NOK. Equity 149.4k NOK → -49.2k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 365 IDEER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +39.7k NOK → +197.1k NOK (op. margin 2.5% → 20.1%). Calculated
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Cash rose
Bank deposits 19.8k NOK → 102.4k NOK (+416.3% YoY). Calculated
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Payroll decreased
Salary cost 208.5k NOK → 195.9k NOK (13% → 20% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.57m NOK to 983.1k NOK (-37.4% YoY). Calculated
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Fell into a net loss
Net result flipped from 37.7k NOK profit to a loss of 198.6k NOK. Calculated
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Equity eroded
Book equity 149.4k NOK → -49.2k NOK (equity ratio 38.6% → -24.1%). Calculated
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Current ratio dropped below 1×
Current ratio 1.63× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -24.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 921.5k NOK → 686.2k NOK (-25.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 10.0k NOK → 1 807 NOK. Reported fact