78 GRADER NORD AS: årsregnskap 2017 vs 2016
Grew 139137% on revenue, cash halved-plus
approved 2018-04-19; registry 2018-04-26; journal 2018 287641
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 78 GRADER NORD AS. Revenue 960.0k NOK → 1.34bn NOK (+139136.9%). Equity 1.51m NOK → 1.40m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 78 GRADER NORD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 960.0k NOK to 1.34bn NOK (+139136.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.52m NOK → 1 NOK (366% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.51m NOK → 1.40m NOK (equity ratio 76.8% → 67.2%). Calculated
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↓
Cash fell
Bank deposits 718.3k NOK → 231.2k NOK (-67.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 40.0k NOK → 114.2k NOK. Reported fact