A OLSEN & SØNN AS: årsregnskap 2017 vs 2016
Grew 8% on revenue
approved 2018-05-18; registry 2018-05-31; journal 2018 377234
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A OLSEN & SØNN AS. Revenue 3.04m NOK → 3.29m NOK (+8.5%). Equity 1.07m NOK → 1.08m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A OLSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.04m NOK to 3.29m NOK (+8.5% YoY). Calculated
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↑
Equity strengthened
Book equity 1.07m NOK → 1.08m NOK (equity ratio 37.1% → 26.7%). Calculated
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↑
Cash rose
Bank deposits 580.6k NOK → 886.2k NOK (+52.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.80× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.38m NOK → 1.42m NOK (45% → 43% of revenue). Calculated