Org.nr 945 925 892 2016 → 2017 Year-over-year analysis

A/S Sigba Eiendom: årsregnskap 2017 vs 2016

Shrank 13% on revenue

approved 2018-06-20; registry 2018-07-12; journal 2018 680425

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A/S Sigba Eiendom. Revenue 23.59m NOK → 20.53m NOK (-13.0%). Equity 25.77m NOK → 31.36m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Sigba Eiendom.

At a glance

Revenue

23.59m NOK 20.53m NOK

-13.0%

Net result

n/m +5.64m NOK

—

Equity

25.77m NOK 31.36m NOK

+21.7%

Cash

8.67m NOK 17.30m NOK

+99.5%

Total assets

161.14m NOK 166.08m NOK

+3.1%

↑
Equity strengthened

Book equity 25.77m NOK → 31.36m NOK (equity ratio 16.0% → 18.9%). Calculated
↑
Cash rose

Bank deposits 8.67m NOK → 17.30m NOK (+99.5% YoY). Calculated
↑
Payroll decreased

Salary cost 2.38m NOK → 2.22m NOK (10% → 11% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 23.59m NOK to 20.53m NOK (-13.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 508.0k NOK → 291.6k NOK. Reported fact