A 1 BYGGMESTER JOHAN AS: årsregnskap 2017 vs 2016
Grew 239% on revenue, cash halved-plus
approved 2018-07-17; registry 2018-07-24; journal 2018 766811
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A 1 BYGGMESTER JOHAN AS. Revenue 1.86m NOK → 6.30m NOK (+239.3%). Equity 14.39m NOK → 15 NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for A 1 BYGGMESTER JOHAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.86m NOK to 6.30m NOK (+239.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 14.39m NOK → 15 NOK (equity ratio 1748.2% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 496.3k NOK → 45.6k NOK (-90.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.85× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 3.70m NOK → 400.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 1 NOK → 3.45m NOK (0% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 671.3k NOK → 918.6k NOK (+36.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.8k NOK → 663.0k NOK. Reported fact