Org.nr 911 576 880 2016 → 2017 Year-over-year analysis

A UTVIK AS: årsregnskap 2017 vs 2016

Grew 461435063300% on revenue, stronger earnings

approved 2018-03-08; registry 2018-03-19; journal 2018 236297

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A UTVIK AS. Revenue 2 NOK → 9.23bn NOK (+461435063300.0%). Net result +13.88m NOK → +33.15m NOK. Equity 70.85m NOK → 67.66m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A UTVIK AS.

Scorecard

Revenue
2 NOK 9.23bn NOK
+461435063300.0%
Net result
+13.88m NOK +33.15m NOK
+138.8%
Equity
70.85m NOK 67.66m NOK
-4.5%
Cash
364.6k NOK 561.2k NOK
+53.9%
Total assets
296.88m NOK 243.89m NOK
-17.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 NOK to 9.23bn NOK (+461435063300.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +13.88m NOK → +33.15m NOK (net margin 694019450.0% → 0.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 364.6k NOK → 561.2k NOK (+53.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 70.85m NOK → 67.66m NOK (equity ratio 23.9% → 27.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.24× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 75.00m NOK → 160.62m NOK (+114.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 19.89m NOK → 1 000 NOK. Reported fact