A-MASKIN AS: årsregnskap 2017 vs 2016
Grew 30% on revenue
approved 2018-05-31; registry 2018-06-11; journal 2018 456835
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-MASKIN AS. Revenue 9.26m NOK → 12.06m NOK (+30.3%). Equity -115.8k NOK → -366.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A-MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.26m NOK to 12.06m NOK (+30.3% YoY). Calculated
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↑
Cash rose
Bank deposits 399.0k NOK → 605.2k NOK (+51.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +196.1k NOK → -207.44m NOK (op. margin 2.1% → -1719.6%). Calculated
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↓
Equity eroded
Book equity -115.8k NOK → -366.9k NOK (equity ratio -1.8% → -7.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.11m NOK → 1.18m NOK (12% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 7.44m NOK → 10.38m NOK (+39.6% YoY). Calculated