A & S COMPOSITT AS: årsregnskap 2017 vs 2016
Grew 1683% on revenue
approved 2018-05-25; registry 2018-06-04; journal 2018 399219
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A & S COMPOSITT AS. Revenue 54.4k NOK → 969.5k NOK (+1683.1%). Equity 121.2k NOK → 68.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & S COMPOSITT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 54.4k NOK to 969.5k NOK (+1683.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 701.3k NOK → 659.6k NOK (1290% → 68% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 121.2k NOK → 68.0k NOK (equity ratio 48.7% → 38.3%). Calculated
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↓
Cash fell
Bank deposits 120.4k NOK → 106.1k NOK (-11.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 186.2k NOK → 171.2k NOK (-8.1% YoY). Calculated