A1 SECURITY AS: årsregnskap 2017 vs 2016
Grew 68% on revenue, cash halved-plus
approved 2018-04-16; registry 2018-07-25; journal 2018 782081
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A1 SECURITY AS. Revenue 718.1k NOK → 1.21m NOK (+68.1%). Net result +45.8k NOK → +38.8k NOK. Equity 435.2k NOK → 474.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A1 SECURITY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 718.1k NOK to 1.21m NOK (+68.1% YoY). Calculated
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↑
Operating result improved
Operating result +48.0k NOK → +49.1k NOK (op. margin 6.7% → 4.1%). Calculated
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↑
Equity strengthened
Book equity 435.2k NOK → 474.0k NOK (equity ratio 499.7% → 59.4%). Calculated
What deteriorated
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↓
Net result weakened
Net result +45.8k NOK → +38.8k NOK (net margin 6.4% → 3.2%). Calculated
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↓
Cash fell
Bank deposits 121.4k NOK → 33.0k NOK (-72.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 196.5k NOK (0% → 16% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 258.0k NOK → 355.9k NOK (+37.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7 343 NOK → 34.9k NOK. Reported fact