Org.nr 998 793 963 2016 → 2017 Year-over-year analysis

A.T.M INVEST AS: årsregnskap 2017 vs 2016

Grew 106852% on revenue, weaker earnings, cash halved-plus

approved 2018-04-30; registry 2018-06-16; journal 2018 485324

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A.T.M INVEST AS. Revenue 1 871 NOK → 2.00m NOK (+106852.1%). Net result +389.4k NOK → +250.6k NOK. Equity 2.19m NOK → 3.44m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.T.M INVEST AS.

Scorecard

Revenue
1 871 NOK 2.00m NOK
+106852.1%
Operating result
+1.06m NOK +1.08m NOK
+2.3%
Net result
+389.4k NOK +250.6k NOK
-35.7%
Equity
2.19m NOK 3.44m NOK
+57.1%
Cash
961.2k NOK 331.7k NOK
-65.5%
Total assets
36.37m NOK 33.61m NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 871 NOK to 2.00m NOK (+106852.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.06m NOK → +1.08m NOK (op. margin 56636.5% → 54.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.19m NOK → 3.44m NOK (equity ratio 6.0% → 10.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 2.40×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +389.4k NOK → +250.6k NOK (net margin 20812.1% → 12.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 961.2k NOK → 331.7k NOK (-65.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 102.5k NOK → 74.0k NOK (-27.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 26.25m NOK → 22.75m NOK. Reported fact