A-TECH TELTUTLEIE AS: årsregnskap 2017 vs 2016
Grew 45% on revenue, returned to profit
approved 2018-06-15; registry 2018-07-03; journal 2018 611295
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-TECH TELTUTLEIE AS. Revenue 4.28m NOK → 6.22m NOK (+45.3%). Net result -37.0k NOK → +975.7k NOK. Equity 370.9k NOK → 346.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A-TECH TELTUTLEIE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.28m NOK to 6.22m NOK (+45.3% YoY). Calculated
-
↑
Operating result improved
Operating result -25.5k NOK → +1.28m NOK (op. margin -0.6% → 20.7%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 37.0k NOK to a profit of 975.7k NOK. Calculated
-
↑
Cash rose
Bank deposits 47.1k NOK → 131.5k NOK (+179.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 370.9k NOK → 346.7k NOK (equity ratio 21.8% → 15.9%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 1.52m NOK → 2.04m NOK (+34.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 214.6k NOK → 482.3k NOK. Reported fact