A2B DESIGN PARTNER AS: årsregnskap 2017 vs 2016
Grew 179% on revenue, returned to profit
approved 2018-04-25; registry 2018-06-06; journal 2018 416486
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A2B DESIGN PARTNER AS. Revenue 233.4k NOK → 651.3k NOK (+179.0%). Net result -121.4k NOK → +491.0k NOK. Equity 484.7k NOK → 475.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A2B DESIGN PARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 233.4k NOK to 651.3k NOK (+179.0% YoY). Calculated
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↑
Operating result improved
Operating result -121.5k NOK → +490.8k NOK (op. margin -52.1% → 75.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 121.4k NOK to a profit of 491.0k NOK. Calculated
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↑
Cash rose
Bank deposits 145.6k NOK → 199.4k NOK (+36.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.10×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 484.7k NOK → 475.8k NOK (equity ratio 73.0% → 434.8%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 5 250 NOK → 11.2k NOK (+114.3% YoY). Calculated