A-FORM AS: årsregnskap 2017 vs 2016
Grew 754% on revenue, weaker earnings
approved 2018-04-30; registry 2018-05-14; journal 2018 316181
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-FORM AS. Revenue 202.8k NOK → 1.73m NOK (+754.4%). Net result +249.7k NOK → +86.1k NOK. Equity 10.9k NOK → 97.0k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A-FORM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 202.8k NOK to 1.73m NOK (+754.4% YoY). Calculated
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↑
Equity strengthened
Book equity 10.9k NOK → 97.0k NOK (equity ratio 2.4% → 11.4%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.85× → 1.55×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +337.3k NOK → +140.7k NOK (op. margin 166.3% → 8.1%). Calculated
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↓
Net result weakened
Net result +249.7k NOK → +86.1k NOK (net margin 123.1% → 5.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 16.9k NOK → 1.29m NOK (8% → 74% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 420.7k NOK → 634.3k NOK (+50.8% YoY). Calculated