5 STAR AS: årsregnskap 2017 vs 2016
Shrank 33% on revenue
approved 2018-05-29; registry 2018-06-11; journal 2018 453693
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 5 STAR AS. Revenue 1.60m NOK → 1.08m NOK (-32.8%).
On the constructive side: cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.60m NOK
1.08m NOK
-32.8%
Operating result
-141.5k NOK
n/m
—
Net result
n/m
+36.4k NOK
—
Equity
-84.8k NOK
n/m
—
Cash
113.7k NOK
182.7k NOK
+60.6%
Total assets
1.05m NOK
1.44m NOK
+37.1%
What improved
-
↑
Cash rose
Bank deposits 113.7k NOK → 182.7k NOK (+60.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.60m NOK to 1.08m NOK (-32.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 176.4k NOK → 3.13m NOK (11% → 291% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 404.9k NOK → 740.3k NOK (+82.9% YoY). Calculated