A HILLESTAD AS: årsregnskap 2017 vs 2016
Shrank 8% on revenue, weaker earnings, cash halved-plus
approved 2018-06-22; registry 2018-06-30; journal 2018 585366
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A HILLESTAD AS. Revenue 45.6k NOK → 41.8k NOK (-8.3%). Net result +358.9k NOK → +17.5k NOK. Equity 2.51m NOK → 42.37m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.51m NOK → 42.37m NOK (equity ratio 94.9% → 94.1%). Calculated
-
↑
Payroll decreased
Salary cost 1.15m NOK → 1 450 NOK (2511% → 3% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 45.6k NOK to 41.8k NOK (-8.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +456.2k NOK → +189.9k NOK (op. margin 1000.5% → 454.4%). Calculated
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↓
Net result weakened
Net result +358.9k NOK → +17.5k NOK (net margin 787.2% → 41.8%). Calculated
-
↓
Cash fell
Bank deposits 347.4k NOK → 39.1k NOK (-88.8% YoY). Calculated