A MATRE INDUSTRITRANSPORT AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-03-19; registry 2018-07-14; journal 2018 683460
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A MATRE INDUSTRITRANSPORT AS. Revenue 23.31m NOK → 24.13m NOK (+3.5%). Net result -1.23m NOK → -1.07m NOK. Equity 1.21m NOK → 7.14m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A MATRE INDUSTRITRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.31m NOK to 24.13m NOK (+3.5% YoY). Calculated
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↑
Operating result improved
Operating result -913.3k NOK → -707.5k NOK (op. margin -3.9% → -2.9%). Calculated
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↑
Net result improved
Net result -1.23m NOK → -1.07m NOK (net margin -5.3% → -4.4%). Calculated
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↑
Equity strengthened
Book equity 1.21m NOK → 7.14m NOK (equity ratio 9.3% → 83.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.27m NOK → -553.2k NOK (-143.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.27m NOK → -553.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 295.5k NOK → 18.9k NOK (-93.6% YoY). Calculated