A1 PRIMA REGNSKAP AS: årsregnskap 2017 vs 2016
Grew 7% on revenue, slipped into loss
approved 2018-04-01; registry 2018-04-21; journal 2018 275776
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A1 PRIMA REGNSKAP AS. Revenue 2.23m NOK → 2.38m NOK (+6.7%). Net result +88.4k NOK → -1.90m NOK. Equity 1.79m NOK → -109.5k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for A1 PRIMA REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.23m NOK to 2.38m NOK (+6.7% YoY). Calculated
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↑
Operating result improved
Operating result +284.1k NOK → +785.6k NOK (op. margin 12.7% → 33.0%). Calculated
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↑
Cash rose
Bank deposits 76.0k NOK → 138.9k NOK (+82.8% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 88.4k NOK profit to a loss of 1.90m NOK. Calculated
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↓
Equity eroded
Book equity 1.79m NOK → -109.5k NOK (equity ratio 71.9% → -26.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -26.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 984.0k NOK → 1.32m NOK (44% → 56% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 3.21m NOK → 3 214 NOK. Reported fact