FirmaIQ
Org.nr 998 261 988 2016 → 2017 Year-over-year analysis

A.H.SYVERSEN AS: årsregnskap 2017 vs 2016

Shrank 35% on revenue, weaker earnings

approved 2018-04-27; registry 2018-05-15; journal 2018 320111

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A.H.SYVERSEN AS. Revenue 542.8k NOK → 353.9k NOK (-34.8%). Net result +36.4k NOK → +902 NOK. Equity 882.4k NOK → 12.88m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.H.SYVERSEN AS.

At a glance

Scorecard

Revenue
542.8k NOK 353.9k NOK
-34.8%
Operating result
+47.0k NOK -1 810 NOK
-103.9%
Net result
+36.4k NOK +902 NOK
-97.5%
Equity
882.4k NOK 12.88m NOK
+1359.8%
Cash
330.1k NOK 301.2k NOK
-8.7%
Total assets
1.06m NOK 1.40m NOK
+32.1%

What improved

  • ↑

    Equity strengthened

    Book equity 882.4k NOK → 12.88m NOK (equity ratio 83.4% → 921.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 55.1k NOK → 17.6k NOK (10% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 542.8k NOK to 353.9k NOK (-34.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +47.0k NOK → -1 810 NOK (op. margin 8.7% → -0.5%). Calculated

  • ↓

    Net result weakened

    Net result +36.4k NOK → +902 NOK (net margin 6.7% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 330.1k NOK → 301.2k NOK (-8.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 440.7k NOK → 338.1k NOK (-23.3% YoY). Calculated