7FJELL ENTREPRENØR AS: årsregnskap 2017 vs 2016
Grew 62% on revenue, weaker earnings
approved 2018-06-30; registry 2018-07-28; journal 2018 801938
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 7FJELL ENTREPRENØR AS. Revenue 35.35m NOK → 57.14m NOK (+61.6%). Net result +1.42m NOK → +223.0k NOK. Equity 6.37m NOK → 6.59m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7FJELL ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 35.35m NOK to 57.14m NOK (+61.6% YoY). Calculated
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↑
Equity strengthened
Book equity 6.37m NOK → 6.59m NOK (equity ratio 43.1% → 47.9%). Calculated
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↑
Cash rose
Bank deposits 5.46m NOK → 5.57m NOK (+2.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.42m NOK → +223.0k NOK (net margin 4.0% → 0.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.05m NOK → 5.39m NOK (14% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 27.98m NOK → 48.79m NOK (+74.4% YoY). Calculated