A TIL Å BYGG AS: årsregnskap 2017 vs 2016
Grew 41% on revenue, slipped into loss
approved 2018-06-29; registry 2018-07-16; journal 2018 685036
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A TIL Å BYGG AS. Revenue 9.38m NOK → 13.27m NOK (+41.5%). Net result +642.3k NOK → -468.2k NOK. Equity 651.6k NOK → 183.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A TIL Å BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.38m NOK to 13.27m NOK (+41.5% YoY). Calculated
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↑
Cash rose
Bank deposits 526.4k NOK → 934.0k NOK (+77.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +840.6k NOK → -487.0k NOK (op. margin 9.0% → -3.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 642.3k NOK profit to a loss of 468.2k NOK. Calculated
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↓
Equity eroded
Book equity 651.6k NOK → 183.4k NOK (equity ratio 72.9% → 9.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.91× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.16m NOK → 3.87m NOK (23% → 29% of revenue). Calculated
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COGS moved
COGS / varekostnad 5.64m NOK → 8.62m NOK (+52.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 29.4k NOK → 122.9k NOK. Reported fact