705 SENTERET AS: årsregnskap 2017 vs 2016
Grew 10% on revenue, weaker earnings
approved 2018-06-30; registry 2018-07-24; journal 2018 776626
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 705 SENTERET AS. Revenue 351.3k NOK → 386.2k NOK (+9.9%). Net result +133.7k NOK → +69.7k NOK. Equity -243.8k NOK → -313.5k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 705 SENTERET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 351.3k NOK to 386.2k NOK (+9.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +133.7k NOK → +69.7k NOK (net margin 38.1% → 18.0%). Calculated
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↓
Equity eroded
Book equity -243.8k NOK → -313.5k NOK (equity ratio -8.5% → -11.4%). Calculated
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↓
Cash fell
Bank deposits 70.6k NOK → 42.6k NOK (-39.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation