Org.nr 941 487 084 2016 → 2017 Year-over-year analysis

A MARINE AS: årsregnskap 2017 vs 2016

Shrank 17% on revenue

approved 2018-06-15; registry 2018-06-28; journal 2018 584928

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A MARINE AS. Revenue 225.7k NOK → 186.8k NOK (-17.2%). Equity -193.2k NOK → 7 356 NOK.

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

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

Scorecard

Revenue
225.7k NOK 186.8k NOK
-17.2%
Operating result
+218.7k NOK +57.6k NOK
-73.6%
Net result
+239.7k NOK n/m
—
Equity
-193.2k NOK 7 356 NOK
+103.8%
Cash
75.2k NOK 294.2k NOK
+291.4%
Total assets
843.1k NOK 315.4k NOK
-62.6%

What improved

  • ↑

    Equity strengthened

    Book equity -193.2k NOK → 7 356 NOK (equity ratio -22.9% → 2.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.2k NOK → 294.2k NOK (+291.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 225.7k NOK to 186.8k NOK (-17.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +218.7k NOK → +57.6k NOK (op. margin 96.9% → 30.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -8 961 NOK → 19.2k NOK (-4% → 10% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 768.0k NOK → 21.2k NOK. Reported fact