A. M. PETTERSEN EIENDOM AS: årsregnskap 2017 vs 2016
Grew 46% on revenue
approved 2018-04-23; registry 2018-05-29; journal 2018 366140
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. M. PETTERSEN EIENDOM AS. Revenue 595.4k NOK → 867.7k NOK (+45.7%). Equity 3.75m NOK → 4.06m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A. M. PETTERSEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 595.4k NOK to 867.7k NOK (+45.7% YoY). Calculated
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↑
Equity strengthened
Book equity 3.75m NOK → 4.06m NOK (equity ratio 48.0% → 51.4%). Calculated
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↑
Cash rose
Bank deposits 315.7k NOK → 951.3k NOK (+201.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.11m NOK → 53.7k NOK (523% → 6% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 5.77× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 3.75m NOK → 2.83m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value -3 NOK → 257.1k NOK. Reported fact