Org.nr 921 313 721 2016 → 2017 Year-over-year analysis

A/S MERKURGÅRDEN: årsregnskap 2017 vs 2016

Grew 5% on revenue, cash halved-plus

approved 2018-06-12; registry 2018-06-19; journal 2018 508331

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A/S MERKURGÅRDEN. Revenue 12.85m NOK → 13.51m NOK (+5.1%). Equity 9.65m NOK → 9.88m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A/S MERKURGÅRDEN.

At a glance

Revenue

12.85m NOK 13.51m NOK

+5.1%

Operating result

+2 016 NOK +2 017 NOK

+0.0%

Equity

9.65m NOK 9.88m NOK

+2.4%

Cash

10.75m NOK 2.79m NOK

-74.0%

Total assets

22.91m NOK 21.87m NOK

-4.5%

↑
Revenue rose

Operating income / revenue moved from 12.85m NOK to 13.51m NOK (+5.1% YoY). Calculated
↑
Operating result improved

Operating result +2 016 NOK → +2 017 NOK (op. margin 0.0% → 0.0%). Calculated
↑
Equity strengthened

Book equity 9.65m NOK → 9.88m NOK (equity ratio 42.1% → 45.2%). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (10.75m NOK → 2.79m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Payroll increased

Salary cost 5.16m NOK → 5.50m NOK (40% → 41% of revenue). Calculated