A GREAT IDEA AS: årsregnskap 2017 vs 2016
Grew 69267% on revenue, stronger earnings, fresh owner capital
approved 2018-02-18; registry 2018-03-05; journal 2018 219938
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A GREAT IDEA AS. Revenue 6 872 NOK → 4.77m NOK (+69266.5%). Net result +98.7k NOK → +4.37m NOK. Equity 1.28m NOK → 1.31m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A GREAT IDEA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6 872 NOK to 4.77m NOK (+69266.5% YoY). Calculated
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Net result improved
Net result +98.7k NOK → +4.37m NOK (net margin 1436.0% → 91.7%). Calculated
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Equity strengthened
Book equity 1.28m NOK → 1.31m NOK (equity ratio 30.1% → 11.1%). Calculated
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Cash rose
Bank deposits 2 125 NOK → 3.91m NOK (+183955.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1 180 NOK → 1.18m NOK (+1.18m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +131.8k NOK → +1 428 NOK (op. margin 1917.4% → 0.0%). Calculated
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Current ratio dropped below 1×
Current ratio 1431.99× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 134.5k NOK → 699.6k NOK (+420.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 373 NOK → 1 788 NOK. Reported fact