Org.nr 916 509 073 2016 → 2017 Year-over-year analysis

A7 EUROPE AS: årsregnskap 2017 vs 2016

Grew 6% on revenue, returned to profit

approved 2018-07-28; registry 2018-08-02; journal 2018 850174

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A7 EUROPE AS. Revenue 380.2k NOK → 402.5k NOK (+5.9%). Net result -77.3k NOK → +2 017 NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A7 EUROPE AS.

At a glance

Revenue

380.2k NOK 402.5k NOK

+5.9%

Operating result

-71.5k NOK +63.4k NOK

+188.7%

Net result

-77.3k NOK +2 017 NOK

+102.6%

Cash

52.2k NOK 169.5k NOK

+224.7%

Total assets

95.9k NOK 202.3k NOK

+111.0%

↑
Revenue rose

Operating income / revenue moved from 380.2k NOK to 402.5k NOK (+5.9% YoY). Calculated
↑
Operating result improved

Operating result -71.5k NOK → +63.4k NOK (op. margin -18.8% → 15.8%). Calculated
↑
Turned profitable

Net result flipped from a loss of 77.3k NOK to a profit of 2 017 NOK. Calculated
↑
Cash rose

Bank deposits 52.2k NOK → 169.5k NOK (+224.7% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.56× → 1.48×. Calculated