FirmaIQ
Org.nr 932 342 189 2016 → 2017 Year-over-year analysis

A SÆTHER COMPAGNIET AS: årsregnskap 2017 vs 2016

Shrank 38% on revenue, stronger earnings, cash halved-plus

approved 2018-06-29; registry 2018-08-02; journal 2018 853339

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A SÆTHER COMPAGNIET AS. Revenue 480.5k NOK → 300.0k NOK (-37.6%). Net result +98.4k NOK → +9.04m NOK. Equity 127.5k NOK → 3.17m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A SÆTHER COMPAGNIET AS.

At a glance

Scorecard

Revenue
480.5k NOK 300.0k NOK
-37.6%
Net result
+98.4k NOK +9.04m NOK
+9089.6%
Equity
127.5k NOK 3.17m NOK
+2385.8%
Cash
974.3k NOK 320.2k NOK
-67.1%
Total assets
14.51m NOK 10.86m NOK
-25.1%

What improved

  • ↑

    Net result improved

    Net result +98.4k NOK → +9.04m NOK (net margin 20.5% → 3013.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 127.5k NOK → 3.17m NOK (equity ratio 0.9% → 29.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 480.5k NOK to 300.0k NOK (-37.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 974.3k NOK → 320.2k NOK (-67.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 120.7k NOK → 186.4k NOK (25% → 62% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 19.42m NOK → 24.19m NOK (+24.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.87m NOK → 2.55m NOK. Reported fact