Org.nr 998 490 170 2016 → 2017 Year-over-year analysis

A.N CONSULTING AS: årsregnskap 2017 vs 2016

Shrank 38% on revenue, cash halved-plus

approved 2018-06-14; registry 2018-06-18; journal 2018 503181

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A.N CONSULTING AS. Revenue 603.2k NOK → 375.1k NOK (-37.8%). Equity -148.5k NOK → -130.9k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.N CONSULTING AS.

At a glance

Revenue

603.2k NOK 375.1k NOK

-37.8%

Net result

n/m +140.4k NOK

—

Equity

-148.5k NOK -130.9k NOK

+11.9%

Cash

60.5k NOK 21.4k NOK

-64.6%

Total assets

241.7k NOK 145.7k NOK

-39.7%

↑
Equity strengthened

Book equity -148.5k NOK → -130.9k NOK (equity ratio -61.5% → -89.8%). Calculated
↑
Payroll decreased

Salary cost 119.8k NOK → 4 724 NOK (20% → 1% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 603.2k NOK to 375.1k NOK (-37.8% YoY). Calculated
↓
Cash fell

Bank deposits 60.5k NOK → 21.4k NOK (-64.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is -89.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 156.3k NOK → 143.3k NOK (-8.3% YoY). Calculated