A.IDE AS: årsregnskap 2017 vs 2016
Grew 8% on revenue, stronger earnings, cash halved-plus
approved 2018-06-30; registry 2018-08-07; journal 2018 888472
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A.IDE AS. Revenue 76.8k NOK → 83.1k NOK (+8.3%). Net result +7 979 NOK → +22.7k NOK. Equity 38.0k NOK → 15.3k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.IDE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 76.8k NOK to 83.1k NOK (+8.3% YoY). Calculated
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↑
Net result improved
Net result +7 979 NOK → +22.7k NOK (net margin 10.4% → 27.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 38.0k NOK → 15.3k NOK (equity ratio 66.0% → 23.0%). Calculated
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↓
Cash fell
Bank deposits 43.3k NOK → 13.6k NOK (-68.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 20.0k NOK → 7 356 NOK (-63.2% YoY). Calculated