A&I GEMS AS: årsregnskap 2017 vs 2016
Grew 27% on revenue, stronger earnings, fresh owner capital
approved 2018-07-23; registry 2018-08-04; journal 2018 863947
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A&I GEMS AS. Revenue 1.44m NOK → 1.82m NOK (+26.9%). Net result +81.2k NOK → +234.7k NOK. Equity 685.2k NOK → 919.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A&I GEMS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.44m NOK to 1.82m NOK (+26.9% YoY). Calculated
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Operating result improved
Operating result +137.5k NOK → +309.6k NOK (op. margin 9.6% → 17.0%). Calculated
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Net result improved
Net result +81.2k NOK → +234.7k NOK (net margin 5.7% → 12.9%). Calculated
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Equity strengthened
Book equity 685.2k NOK → 919.9k NOK (equity ratio 70.7% → 242.9%). Calculated
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Cash rose
Bank deposits 195.5k NOK → 579.9k NOK (+196.7% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 3.31× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1.05m NOK → 1.26m NOK (73% → 69% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 200.2k NOK → 70.8k NOK. Reported fact