Org.nr 866 339 902 2016 → 2017 Year-over-year analysis

A-SIGN AS: årsregnskap 2017 vs 2016

Shrank 43% on revenue

approved 2018-03-23; registry 2018-05-05; journal 2018 298226

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A-SIGN AS. Revenue 4.58m NOK → 2.59m NOK (-43.5%). Equity -1.96m NOK → -1.26m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A-SIGN AS.

At a glance

Revenue

4.58m NOK 2.59m NOK

-43.5%

Net result

n/m -91.3k NOK

—

Equity

-1.96m NOK -1.26m NOK

+35.9%

Cash

88.4k NOK 81.5k NOK

-7.8%

Total assets

1.78m NOK 1.52m NOK

-14.7%

↑
Equity strengthened

Book equity -1.96m NOK → -1.26m NOK (equity ratio -110.5% → -83.1%). Calculated
↑
Current ratio back above 1×

Current ratio 0.45× → 1.65×. Calculated

↓
Revenue fell

Operating income / revenue moved from 4.58m NOK to 2.59m NOK (-43.5% YoY). Calculated
↓
Cash fell

Bank deposits 88.4k NOK → 81.5k NOK (-7.8% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 100.0k NOK → -1.26m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 1.98m NOK → 866.3k NOK (-56.3% YoY). Calculated