A-GAVE AS: årsregnskap 2017 vs 2016
Shrank 30% on revenue
approved 2018-01-31; registry 2018-02-28; journal 2018 215621
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-GAVE AS. Revenue 4.88m NOK → 3.43m NOK (-29.7%). Equity 230.4k NOK → 392.7k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-GAVE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -499.9k NOK → +163.5k NOK (op. margin -10.2% → 4.8%). Calculated
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↑
Equity strengthened
Book equity 230.4k NOK → 392.7k NOK (equity ratio 23.2% → 42.0%). Calculated
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↑
Cash rose
Bank deposits 439.4k NOK → 562.3k NOK (+28.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.88m NOK to 3.43m NOK (-29.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.53m NOK → 3.69m NOK (31% → 108% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.29m NOK → 2.33m NOK (-29.1% YoY). Calculated