A NEW TYPE OF INVESTMENT AS: årsregnskap 2017 vs 2016
Grew 22% on revenue, weaker earnings, cash halved-plus
approved 2018-05-31; registry 2018-07-28; journal 2018 801068
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A NEW TYPE OF INVESTMENT AS. Revenue 3.87m NOK → 4.72m NOK (+21.9%). Net result +3.13m NOK → +410.9k NOK. Equity 708.5k NOK → 869.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A NEW TYPE OF INVESTMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.87m NOK to 4.72m NOK (+21.9% YoY). Calculated
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↑
Equity strengthened
Book equity 708.5k NOK → 869.5k NOK (equity ratio 7.7% → 10.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -128.3k NOK → -761.6k NOK (op. margin -3.3% → -16.1%). Calculated
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↓
Net result weakened
Net result +3.13m NOK → +410.9k NOK (net margin 80.9% → 8.7%). Calculated
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↓
Cash fell
Bank deposits 803.9k NOK → 72.0k NOK (-91.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.73m NOK → 4.24m NOK (96% → 90% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 1.32m NOK → 1.81m NOK. Reported fact