Org.nr 911 689 138 2016 → 2017 Year-over-year analysis

A. HAARSTAD ELEKTRO AS: årsregnskap 2017 vs 2016

Shrank 36% on revenue

approved 2018-05-31; registry 2018-06-27; journal 2018 577670

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A. HAARSTAD ELEKTRO AS. Revenue 33.9k NOK → 21.7k NOK (-36.1%). Equity 51.9k NOK → 56.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

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

At a glance

Revenue

33.9k NOK 21.7k NOK

-36.1%

Operating result

+5 227 NOK n/m

—

Net result

+5 282 NOK n/m

—

Equity

51.9k NOK 56.8k NOK

+9.5%

Cash

64.5k NOK 57.3k NOK

-11.1%

Total assets

71.0k NOK 72.6k NOK

+2.3%

↑
Equity strengthened

Book equity 51.9k NOK → 56.8k NOK (equity ratio 73.1% → 78.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 33.9k NOK to 21.7k NOK (-36.1% YoY). Calculated
↓
Cash fell

Bank deposits 64.5k NOK → 57.3k NOK (-11.1% YoY). Calculated