FirmaIQ
Org.nr 932 056 674 2016 → 2017 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2017 vs 2016

Grew 5% on revenue, cash halved-plus

approved 2018-04-26; registry 2018-05-14; journal 2018 316265

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A. LANGKAAS & SØNN AS. Revenue 5.36m NOK → 5.64m NOK (+5.3%). Equity 7.26m NOK → 7.48m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A. LANGKAAS & SØNN AS.

At a glance

Scorecard

Revenue
5.36m NOK 5.64m NOK
+5.3%
Equity
7.26m NOK 7.48m NOK
+3.1%
Cash
5.68m NOK 2.23m NOK
-60.7%
Total assets
8.17m NOK 11.54m NOK
+41.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.36m NOK to 5.64m NOK (+5.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.26m NOK → 7.48m NOK (equity ratio 88.9% → 64.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.68m NOK → 2.23m NOK (-60.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.68m NOK → 2.23m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 1.74m NOK → 1.77m NOK (32% → 31% of revenue). Calculated