Org.nr 977 674 476 2016 → 2017 Year-over-year analysis

5895 INVEST AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue

approved 2018-06-28; registry 2018-07-05; journal 2018 637661

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 5895 INVEST AS. Revenue 465.4k NOK → 382.2k NOK (-17.9%). Equity 11 NOK → 2.11m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5895 INVEST AS.

Scorecard

Revenue
465.4k NOK 382.2k NOK
-17.9%
Operating result
+422.3k NOK -83.2k NOK
-119.7%
Net result
+542.4k NOK n/m
—
Equity
11 NOK 2.11m NOK
+19217154.5%
Cash
4 184 NOK 840.3k NOK
+19983.0%
Total assets
1.77m NOK 2.68m NOK
+51.3%

What improved

  • ↑

    Equity strengthened

    Book equity 11 NOK → 2.11m NOK (equity ratio 0.0% → 78.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 184 NOK → 840.3k NOK (+19983.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 3.54×. Calculated

  • ↑

    Payroll decreased

    Salary cost 43.1k NOK → 3 NOK (9% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 465.4k NOK to 382.2k NOK (-17.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +422.3k NOK → -83.2k NOK (op. margin 90.7% → -21.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.32m NOK → 1.57m NOK. Reported fact