Org.nr 931 535 382 2016 → 2017 Year-over-year analysis

A/S Voldsminde VII: årsregnskap 2017 vs 2016

Grew 101358256% on revenue, stronger earnings

approved 2018-06-06; registry 2018-06-15; journal 2018 479363

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A/S Voldsminde VII. Revenue 742.1k NOK → 752.21bn NOK (+101358256.3%). Net result +141.1k NOK → +5100.67bn NOK. Equity 913.5k NOK → 14.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Voldsminde VII.

Scorecard

Revenue
742.1k NOK 752.21bn NOK
+101358256.3%
Operating result
+198.37bn NOK +113.23bn NOK
-42.9%
Net result
+141.1k NOK +5100.67bn NOK
+3614852271.0%
Equity
913.5k NOK 14.1k NOK
-98.5%
Cash
1.03m NOK 1.00m NOK
-2.7%
Total assets
1.65m NOK 1.60m NOK
-2.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 742.1k NOK to 752.21bn NOK (+101358256.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +141.1k NOK → +5100.67bn NOK (net margin 19.0% → 678.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +198.37bn NOK → +113.23bn NOK (op. margin 26729376.4% → 15.1%). Calculated

  • ↓

    Equity eroded

    Book equity 913.5k NOK → 14.1k NOK (equity ratio 55.5% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.03m NOK → 1.00m NOK (-2.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation