FirmaIQ
Org.nr 916 591 144 2016 → 2017 Year-over-year analysis

A/S SØRENSEN OG BALCHEN: årsregnskap 2017 vs 2016

Grew 13% on revenue, stronger earnings

approved 2018-03-14; registry 2018-04-28; journal 2018 289239

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A/S SØRENSEN OG BALCHEN. Revenue 477.34m NOK → 540.50m NOK (+13.2%). Net result +413 NOK → +90.2k NOK. Equity 259.39m NOK → 270.36m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.

At a glance

Scorecard

Revenue
477.34m NOK 540.50m NOK
+13.2%
Net result
+413 NOK +90.2k NOK
+21728.1%
Equity
259.39m NOK 270.36m NOK
+4.2%
Cash
2.40m NOK 2.41m NOK
+0.5%
Total assets
505.22m NOK 449.76m NOK
-11.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 477.34m NOK to 540.50m NOK (+13.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +413 NOK → +90.2k NOK (net margin 0.0% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 259.39m NOK → 270.36m NOK (equity ratio 51.3% → 60.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.40m NOK → 2.41m NOK (+0.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 257.14m NOK → 308.56m NOK (+20.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 116.00m NOK → 124.16m NOK. Reported fact