FirmaIQ
Org.nr 944 763 317 2016 → 2017 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 2017 vs 2016

Grew 39% on revenue, stronger earnings

approved 2018-05-14; registry 2018-06-06; journal 2018 415554

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A/S SCAN AFRICAN. Revenue 1.23m NOK → 1.72m NOK (+39.4%). Net result +94.0k NOK → +6.38m NOK. Equity 3.28m NOK → 3.66m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

At a glance

Scorecard

Revenue
1.23m NOK 1.72m NOK
+39.4%
Operating result
+41.5k NOK +420.4k NOK
+912.2%
Net result
+94.0k NOK +6.38m NOK
+6688.8%
Equity
3.28m NOK 3.66m NOK
+11.7%
Cash
1.01m NOK 1.51m NOK
+48.5%
Total assets
10.72m NOK 11.16m NOK
+4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.23m NOK to 1.72m NOK (+39.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +41.5k NOK → +420.4k NOK (op. margin 3.4% → 24.4%). Calculated

  • ↑

    Net result improved

    Net result +94.0k NOK → +6.38m NOK (net margin 7.6% → 371.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.28m NOK → 3.66m NOK (equity ratio 30.6% → 32.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.01m NOK → 1.51m NOK (+48.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 567.0k NOK (0% → 33% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 197.4k NOK → 174.7k NOK (-11.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.13m NOK → 205 NOK. Reported fact