A PAULSEN & SØNNER AS: årsregnskap 2017 vs 2016
Grew 83% on revenue
approved 2018-08-14; registry 2018-08-27; journal 2018 918657
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A PAULSEN & SØNNER AS. Revenue 5.40m NOK → 9.90m NOK (+83.2%). Net result -281.2k NOK → -261.0k NOK. Equity 574.1k NOK → 313.0k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for A PAULSEN & SØNNER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.40m NOK to 9.90m NOK (+83.2% YoY). Calculated
-
↑
Net result improved
Net result -281.2k NOK → -261.0k NOK (net margin -5.2% → -2.6%). Calculated
-
↑
Cash rose
Bank deposits 219.9k NOK → 273.9k NOK (+24.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.85× → 1.32×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 574.1k NOK → 313.0k NOK (equity ratio 27.8% → 8.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 413.0k NOK → 609.3k NOK (+47.5% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 10 → 6. Reported fact