A. C. PERCHS THEHANDEL NORGE AS: årsregnskap 2017 vs 2016
Grew 199% on revenue, weaker earnings
approved 2017-08-23; registry 2017-09-26; journal 2017 889086
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. C. PERCHS THEHANDEL NORGE AS. Revenue 823.5k NOK → 2.46m NOK (+199.1%). Net result +449.0k NOK → +71.7k NOK. Equity -884.9k NOK → 854.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for A. C. PERCHS THEHANDEL NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 823.5k NOK to 2.46m NOK (+199.1% YoY). Calculated
-
↑
Equity strengthened
Book equity -884.9k NOK → 854.3k NOK (equity ratio -93.4% → 2574.5%). Calculated
-
↑
Cash rose
Bank deposits 432.4k NOK → 529.7k NOK (+22.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.40× → 4.83×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +394.83m NOK → +98.0k NOK (op. margin 47944.2% → 4.0%). Calculated
-
↓
Net result weakened
Net result +449.0k NOK → +71.7k NOK (net margin 54.5% → 2.9%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 108.7k NOK → 1 776 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 1.04m NOK → 2.95m NOK (126% → 120% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 651.8k NOK → 907.8k NOK (+39.3% YoY). Calculated