A. VATNE BETONGPUMPING AS: årsregnskap 2017 vs 2016
Grew 22% on revenue, returned to profit
approved 2018-04-02; registry 2018-08-04; journal 2018 864989
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. VATNE BETONGPUMPING AS. Revenue 4.21m NOK → 5.14m NOK (+21.9%). Net result -580.7k NOK → +472.8k NOK. Equity -760.3k NOK → 1.71m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A. VATNE BETONGPUMPING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.21m NOK to 5.14m NOK (+21.9% YoY). Calculated
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Operating result improved
Operating result -583.6k NOK → +754.5k NOK (op. margin -13.8% → 14.7%). Calculated
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Turned profitable
Net result flipped from a loss of 580.7k NOK to a profit of 472.8k NOK. Calculated
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Equity strengthened
Book equity -760.3k NOK → 1.71m NOK (equity ratio -216.9% → 434.3%). Calculated
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Cash rose
Bank deposits 180.1k NOK → 796.6k NOK (+342.3% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 7 480 NOK → 17.1k NOK (+128.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 29.0k NOK → 372.3k NOK. Reported fact