FirmaIQ
Org.nr 947 014 781 2016 → 2017 Year-over-year analysis

A/S MILLENIUM: årsregnskap 2017 vs 2016

Slipped into loss, fresh owner capital

approved 2018-04-16; registry 2018-05-26; journal 2018 356008

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A/S MILLENIUM. Net result +7.96m NOK → -325.8k NOK. Equity 51.14m NOK → 45.81m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Operating result
-34.3k NOK -39.8k NOK
-16.0%
Net result
+7.96m NOK -325.8k NOK
-104.1%
Equity
51.14m NOK 45.81m NOK
-10.4%
Cash
574.0k NOK 7.81m NOK
+1260.3%
Total assets
51.27m NOK 46.15m NOK
-10.0%

What improved

  • ↑

    Cash rose

    Bank deposits 574.0k NOK → 7.81m NOK (+1260.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 500 NOK → 500.0k NOK (+499.5k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -34.3k NOK → -39.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7.96m NOK profit to a loss of 325.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 51.14m NOK → 45.81m NOK (equity ratio 99.7% → 99.3%). Calculated