Org.nr 982 787 556 2016 → 2017 Year-over-year analysis

A ARNSETH BETONGTRANSPORT AS: årsregnskap 2017 vs 2016

Grew 50% on revenue, cash halved-plus

approved 2018-04-13; registry 2018-07-12; journal 2018 687888

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A ARNSETH BETONGTRANSPORT AS. Revenue 1.95m NOK → 2.93m NOK (+50.1%). Equity 772.9k NOK → 727.1k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A ARNSETH BETONGTRANSPORT AS.

At a glance

Revenue

1.95m NOK 2.93m NOK

+50.1%

Operating result

+772.3k NOK n/m

—

Net result

+584.9k NOK n/m

—

Equity

772.9k NOK 727.1k NOK

-5.9%

Cash

748.9k NOK 350.6k NOK

-53.2%

Total assets

1.35m NOK 3.58m NOK

+165.8%

↑
Revenue rose

Operating income / revenue moved from 1.95m NOK to 2.93m NOK (+50.1% YoY). Calculated

↓
Equity eroded

Book equity 772.9k NOK → 727.1k NOK (equity ratio 57.3% → 20.3%). Calculated
↓
Cash fell

Bank deposits 748.9k NOK → 350.6k NOK (-53.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.64× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 574.0k NOK → 588.6k NOK (29% → 20% of revenue). Calculated