Org.nr 997 471 172 2016 → 2017 Year-over-year analysis

A.B TJENESTER AS: årsregnskap 2017 vs 2016

Shrank 69% on revenue, stronger earnings

approved 2018-05-31; registry 2018-07-02; journal 2018 603770

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A.B TJENESTER AS. Revenue 2.26m NOK → 698.1k NOK (-69.1%). Net result +305.4k NOK → +712.9k NOK. Equity 1.63m NOK → 2.22m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.B TJENESTER AS.

Scorecard

Revenue
2.26m NOK 698.1k NOK
-69.1%
Operating result
+754.0k NOK +842.4k NOK
+11.7%
Net result
+305.4k NOK +712.9k NOK
+133.4%
Equity
1.63m NOK 2.22m NOK
+36.4%
Cash
304.6k NOK 546.1k NOK
+79.3%
Total assets
9.12m NOK 4.81m NOK
-47.3%

What improved

  • ↑

    Operating result improved

    Operating result +754.0k NOK → +842.4k NOK (op. margin 33.3% → 120.7%). Calculated

  • ↑

    Net result improved

    Net result +305.4k NOK → +712.9k NOK (net margin 13.5% → 102.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.63m NOK → 2.22m NOK (equity ratio 17.9% → 46.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 304.6k NOK → 546.1k NOK (+79.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.86× → 3.00×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.26m NOK to 698.1k NOK (-69.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 500 NOK → 500.5k NOK. Reported fact