Org.nr 990 821 097 2016 → 2017 Year-over-year analysis

62 NORD AS: årsregnskap 2017 vs 2016

Grew 17% on revenue

approved 2018-06-15; registry 2018-07-16; journal 2018 688370

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 62 NORD AS. Revenue 22.35m NOK → 26.22m NOK (+17.3%). Equity 19.23m NOK → 18.92m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 62 NORD AS.

At a glance

Revenue

22.35m NOK 26.22m NOK

+17.3%

Equity

19.23m NOK 18.92m NOK

-1.6%

Cash

417.9k NOK 362.5k NOK

-13.3%

Total assets

29.71m NOK 33.72m NOK

+13.5%

↑
Revenue rose

Operating income / revenue moved from 22.35m NOK to 26.22m NOK (+17.3% YoY). Calculated

↓
Equity eroded

Book equity 19.23m NOK → 18.92m NOK (equity ratio 64.7% → 56.1%). Calculated
↓
Cash fell

Bank deposits 417.9k NOK → 362.5k NOK (-13.3% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 50.50m NOK → 24.71m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Payroll increased

Salary cost 8.56m NOK → 9.24m NOK (38% → 35% of revenue). Calculated
·
COGS moved

COGS / varekostnad 4.51m NOK → 5.31m NOK (+17.9% YoY). Calculated