A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2017 vs 2016
Shrank 16% on revenue
approved 2018-02-28; registry 2018-03-24; journal 2018 244930
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 4.46m NOK → 3.77m NOK (-15.5%). Equity 1.10m NOK → 1.23m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.10m NOK → 1.23m NOK (equity ratio 41.1% → 55.6%). Calculated
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↑
Cash rose
Bank deposits 360.3k NOK → 413.7k NOK (+14.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.83× → 2.97×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.46m NOK to 3.77m NOK (-15.5% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 304.8k NOK → 380.9k NOK (+25.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 313.5k NOK → 269.8k NOK. Reported fact