FirmaIQ
Org.nr 959 643 350 2016 → 2017 Year-over-year analysis

A TITLESTAD AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-02-09; registry 2018-02-13; journal 2018 207852

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A TITLESTAD AS. Revenue 3.97m NOK → 3.84m NOK (-3.2%). Net result +158.0k NOK → +104.2k NOK. Equity 942.1k NOK → 946.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.

At a glance

Scorecard

Revenue
3.97m NOK 3.84m NOK
-3.2%
Operating result
+205.8k NOK +133.4k NOK
-35.2%
Net result
+158.0k NOK +104.2k NOK
-34.0%
Equity
942.1k NOK 946.2k NOK
+0.4%
Cash
560.0k NOK 623.1k NOK
+11.3%
Total assets
1.79m NOK 1.72m NOK
-3.8%

What improved

  • ↑

    Equity strengthened

    Book equity 942.1k NOK → 946.2k NOK (equity ratio 52.6% → 54.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 560.0k NOK → 623.1k NOK (+11.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.97m NOK to 3.84m NOK (-3.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +205.8k NOK → +133.4k NOK (op. margin 5.2% → 3.5%). Calculated

  • ↓

    Net result weakened

    Net result +158.0k NOK → +104.2k NOK (net margin 4.0% → 2.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.98m NOK → 930.5k NOK (-53.0% YoY). Calculated