A-CIRCLE AS: årsregnskap 2017 vs 2016
Shrank 10% on revenue
approved 2018-09-03; registry 2018-09-12; journal 2018 923519
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-CIRCLE AS. Revenue 7.44m NOK → 6.70m NOK (-9.9%). Equity 88.9k NOK → 1.16m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
7.44m NOK
6.70m NOK
-9.9%
Net result
+665.8k NOK
n/m
—
Equity
88.9k NOK
1.16m NOK
+1207.2%
Cash
615.7k NOK
961.1k NOK
+56.1%
Total assets
4.43m NOK
4.49m NOK
+1.4%
What improved
-
↑
Equity strengthened
Book equity 88.9k NOK → 1.16m NOK (equity ratio 2.0% → 25.8%). Calculated
-
↑
Cash rose
Bank deposits 615.7k NOK → 961.1k NOK (+56.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 3.34m NOK → 1 NOK (45% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.44m NOK to 6.70m NOK (-9.9% YoY). Calculated