Org.nr 912 166 775 2016 → 2017 Year-over-year analysis

A. GULLAKSEN AS: årsregnskap 2017 vs 2016

Grew 26% on revenue

approved 2018-07-15; registry 2018-07-30; journal 2018 818314

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A. GULLAKSEN AS. Revenue 2.25m NOK → 2.84m NOK (+25.8%). Equity 2.19m NOK → 2.63m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A. GULLAKSEN AS.

At a glance

Revenue

2.25m NOK 2.84m NOK

+25.8%

Operating result

+317.3k NOK +630.7k NOK

+98.8%

Net result

+4.22m NOK n/m

—

Equity

2.19m NOK 2.63m NOK

+20.1%

Cash

2.29m NOK 2.98m NOK

+30.3%

Total assets

3.95m NOK 4.48m NOK

+13.4%

↑
Revenue rose

Operating income / revenue moved from 2.25m NOK to 2.84m NOK (+25.8% YoY). Calculated
↑
Operating result improved

Operating result +317.3k NOK → +630.7k NOK (op. margin 14.1% → 22.2%). Calculated
↑
Equity strengthened

Book equity 2.19m NOK → 2.63m NOK (equity ratio 55.5% → 58.8%). Calculated
↑
Cash rose

Bank deposits 2.29m NOK → 2.98m NOK (+30.3% YoY). Calculated

·
Payroll increased

Salary cost 268.5k NOK → 459.7k NOK (12% → 16% of revenue). Calculated
·
COGS fell

COGS / varekostnad 828.0k NOK → 800.5k NOK (-3.3% YoY). Calculated