A. Vikhagen AS: årsregnskap 2017 vs 2016
Shrank 22% on revenue, stronger earnings
approved 2018-05-14; registry 2018-05-26; journal 2018 356604
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. Vikhagen AS. Revenue 1.68m NOK → 1.32m NOK (-21.9%). Net result +22.0k NOK → +67.0k NOK. Equity 18.0k NOK → 950.9k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. Vikhagen AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +24.7k NOK → +91.1k NOK (op. margin 1.5% → 6.9%). Calculated
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Net result improved
Net result +22.0k NOK → +67.0k NOK (net margin 1.3% → 5.1%). Calculated
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Equity strengthened
Book equity 18.0k NOK → 950.9k NOK (equity ratio 1.5% → 84.9%). Calculated
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Payroll decreased
Salary cost 774.1k NOK → 636.9k NOK (46% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.68m NOK to 1.32m NOK (-21.9% YoY). Calculated
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↓
Cash fell
Bank deposits 812.6k NOK → 737.2k NOK (-9.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 511.8k NOK → 424.3k NOK (-17.1% YoY). Calculated