FirmaIQ
Org.nr 976 542 363 2016 → 2017 Year-over-year analysis

A J STANGELAND EIENDOM AS: årsregnskap 2017 vs 2016

Shrank 97% on revenue, returned to profit, cash halved-plus

approved 2018-06-18; registry 2018-08-01; journal 2018 832787

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A J STANGELAND EIENDOM AS. Revenue 1.68m NOK → 56.5k NOK (-96.6%). Net result -1.66m NOK → +461.0k NOK. Equity 4.24m NOK → 5.70m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.

At a glance

Scorecard

Revenue
1.68m NOK 56.5k NOK
-96.6%
Operating result
+550.9k NOK +723.0k NOK
+31.2%
Net result
-1.66m NOK +461.0k NOK
+127.7%
Equity
4.24m NOK 5.70m NOK
+34.5%
Cash
3.93m NOK 1.82m NOK
-53.5%
Total assets
11.09m NOK 7.85m NOK
-29.2%

What improved

  • ↑

    Operating result improved

    Operating result +550.9k NOK → +723.0k NOK (op. margin 32.9% → 1278.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.66m NOK to a profit of 461.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.24m NOK → 5.70m NOK (equity ratio 38.2% → 72.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.68m NOK to 56.5k NOK (-96.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 3.93m NOK → 1.82m NOK (-53.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.58m NOK → 4.85m NOK. Reported fact