Org.nr 999 654 126 2016 → 2017 Year-over-year analysis

A VÅGE AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue, weaker earnings

approved 2018-06-30; registry 2018-08-02; journal 2018 843409

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A VÅGE AS. Revenue 67.31m NOK → 62.04m NOK (-7.8%). Net result +5.36m NOK → +2.88m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened.

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

At a glance

Revenue

67.31m NOK 62.04m NOK

-7.8%

Operating result

n/m +3.53m NOK

—

Net result

+5.36m NOK +2.88m NOK

-46.4%

↑
Payroll decreased

Salary cost 9.83m NOK → 9.38m NOK (15% → 15% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 67.31m NOK to 62.04m NOK (-7.8% YoY). Calculated
↓
Net result weakened

Net result +5.36m NOK → +2.88m NOK (net margin 8.0% → 4.6%). Calculated

·
COGS fell

COGS / varekostnad 43.95m NOK → 40.54m NOK (-7.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.23m NOK → 1.19m NOK. Reported fact