A. IDSØE HOLDING AS: årsregnskap 2017 vs 2016
Grew 6% on revenue, cash halved-plus
approved 2018-03-13; registry 2018-07-09; journal 2018 646418
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. IDSØE HOLDING AS. Revenue 207.52m NOK → 219.03m NOK (+5.5%). Net result +5.32m NOK → +5.21m NOK. Equity 18.61m NOK → 22.02m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for A. IDSØE HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 207.52m NOK to 219.03m NOK (+5.5% YoY). Calculated
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↑
Equity strengthened
Book equity 18.61m NOK → 22.02m NOK (equity ratio 28.0% → 30.3%). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.07m NOK → 1.09m NOK (+20.0k NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 24.53m NOK → 2.91m NOK (-88.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 26.99× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (24.53m NOK → 2.91m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 145.80m NOK → 148.07m NOK (+1.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 19.1k NOK → 14.1k NOK. Reported fact