Org.nr 998 685 486 2016 → 2017 Year-over-year analysis

70 GRADER N TRANSPORT AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-05-04; registry 2018-06-26; journal 2018 571944

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 70 GRADER N TRANSPORT AS. Revenue 2.44m NOK → 2.41m NOK (-0.9%). Equity 284.1k NOK → 407.3k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.44m NOK 2.41m NOK
-0.9%
Equity
284.1k NOK 407.3k NOK
+43.4%
Cash
217.8k NOK 664.7k NOK
+205.2%
Total assets
687.3k NOK 802.7k NOK
+16.8%

What improved

  • ↑

    Equity strengthened

    Book equity 284.1k NOK → 407.3k NOK (equity ratio 41.3% → 50.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 217.8k NOK → 664.7k NOK (+205.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 628.3k NOK → 506.8k NOK (26% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.44m NOK to 2.41m NOK (-0.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 122.5k NOK → 189.9k NOK (+55.0% YoY). Calculated