Org.nr 931 904 485 2016 → 2017 Year-over-year analysis

A LEVERSUND & CO AS: årsregnskap 2017 vs 2016

Shrank 75% on revenue, cash halved-plus

approved 2018-06-18; registry 2018-06-21; journal 2018 523263

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A LEVERSUND & CO AS. Revenue 4.85m NOK → 1.22m NOK (-74.8%). Equity 452.3k NOK → 472.0k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A LEVERSUND & CO AS.

At a glance

Revenue

4.85m NOK 1.22m NOK

-74.8%

Equity

452.3k NOK 472.0k NOK

+4.3%

Cash

535.4k NOK 69.5k NOK

-87.0%

Total assets

2.25m NOK 1.01m NOK

-54.9%

↑
Equity strengthened

Book equity 452.3k NOK → 472.0k NOK (equity ratio 20.1% → 46.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.85m NOK to 1.22m NOK (-74.8% YoY). Calculated
↓
Cash fell

Bank deposits 535.4k NOK → 69.5k NOK (-87.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 291.8k NOK → 338.5k NOK (6% → 28% of revenue). Calculated