8M CONSULTING AS: årsregnskap 2017 vs 2016
Grew 10% on revenue, returned to profit
approved 2018-03-05; registry 2018-03-17; journal 2018 233768
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 8M CONSULTING AS. Revenue 1.41m NOK → 1.55m NOK (+9.6%). Net result -9 076 NOK → +20.3k NOK. Equity 97.5k NOK → 6.12m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 8M CONSULTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.41m NOK to 1.55m NOK (+9.6% YoY). Calculated
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Operating result improved
Operating result -9 114 NOK → +22.0k NOK (op. margin -0.6% → 1.4%). Calculated
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Turned profitable
Net result flipped from a loss of 9 076 NOK to a profit of 20.3k NOK. Calculated
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Equity strengthened
Book equity 97.5k NOK → 6.12m NOK (equity ratio 12.2% → 772.7%). Calculated
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Cash rose
Bank deposits 630.2k NOK → 669.3k NOK (+6.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.29m NOK → 1.35m NOK (91% → 87% of revenue). Calculated
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COGS moved
COGS / varekostnad 15.1k NOK → 40.4k NOK (+166.6% YoY). Calculated