A.M-SERVICE AS: årsregnskap 2017 vs 2016
Grew 279% on revenue, weaker earnings, cash halved-plus
approved 2018-07-01; registry 2018-08-04; journal 2018 869353
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A.M-SERVICE AS. Revenue 47.1k NOK → 178.8k NOK (+279.5%). Net result -6 114 NOK → -271.3k NOK. Equity 21.4k NOK → -249.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.M-SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 47.1k NOK to 178.8k NOK (+279.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 117 NOK → -271.3k NOK (op. margin -13.0% → -151.7%). Calculated
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↓
Net result weakened
Net result -6 114 NOK → -271.3k NOK (net margin -13.0% → -151.7%). Calculated
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↓
Equity eroded
Book equity 21.4k NOK → -249.9k NOK (equity ratio 58.0% → 7583.2%). Calculated
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↓
Cash fell
Bank deposits 36.9k NOK → -5 857 NOK (-115.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.38× → -0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 33.3k NOK → 3.37m NOK (71% → 1885% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3 628 NOK → 39.5k NOK (+988.6% YoY). Calculated