A ENG AS: årsregnskap 2017 vs 2016
Shrank 14% on revenue
approved 2018-02-01; registry 2018-07-18; journal 2018 725261
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A ENG AS. Revenue 1.51m NOK → 1.30m NOK (-14.1%). Equity 1.26m NOK → 1.05m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.51m NOK
1.30m NOK
-14.1%
Operating result
n/m
+365.2k NOK
—
Net result
n/m
+287.7k NOK
—
Equity
1.26m NOK
1.05m NOK
-16.8%
Cash
1.10m NOK
890.7k NOK
-18.7%
Total assets
2.58m NOK
2.21m NOK
-14.2%
What improved
-
↑
Payroll decreased
Salary cost 611.8k NOK → 594.4k NOK (40% → 46% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.51m NOK to 1.30m NOK (-14.1% YoY). Calculated
-
↓
Equity eroded
Book equity 1.26m NOK → 1.05m NOK (equity ratio 49.0% → 47.5%). Calculated
-
↓
Cash fell
Bank deposits 1.10m NOK → 890.7k NOK (-18.7% YoY). Calculated