7 FJELL AS: årsregnskap 2017 vs 2016
Shrank 73% on revenue, stronger earnings
approved 2018-02-14; registry 2018-02-17; journal 2018 209039
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 7 FJELL AS. Revenue 548.2k NOK → 148.2k NOK (-73.0%). Net result +52.6k NOK → +117.3k NOK. Equity 1.08m NOK → 196.8k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +2 016 NOK → +156.9k NOK (op. margin 0.4% → 105.9%). Calculated
-
↑
Net result improved
Net result +52.6k NOK → +117.3k NOK (net margin 9.6% → 79.1%). Calculated
-
↑
Cash rose
Bank deposits 51.2k NOK → 470.3k NOK (+818.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 548.2k NOK to 148.2k NOK (-73.0% YoY). Calculated
-
↓
Equity eroded
Book equity 1.08m NOK → 196.8k NOK (equity ratio 89.2% → 15.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 58.4k NOK → 65.9k NOK (11% → 44% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 93.2k NOK → 442.3k NOK (+374.4% YoY). Calculated