FirmaIQ
Org.nr 976 521 803 2016 → 2017 Year-over-year analysis

AB FJORDLAND AS: årsregnskap 2017 vs 2016

Shrank 63% on revenue

approved 2018-05-24; registry 2018-07-19; journal 2018 735157

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AB FJORDLAND AS. Revenue 54.74m NOK → 20.04m NOK (-63.4%). Equity 20.44m NOK → 19.64m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
54.74m NOK 20.04m NOK
-63.4%
Operating result
+2.30m NOK +238.1k NOK
-89.7%
Net result
n/m -806.9k NOK
—
Equity
20.44m NOK 19.64m NOK
-3.9%
Cash
448.7k NOK 495.1k NOK
+10.3%
Total assets
68.42m NOK 81.49m NOK
+19.1%

What improved

  • ↑

    Cash rose

    Bank deposits 448.7k NOK → 495.1k NOK (+10.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 54.74m NOK to 20.04m NOK (-63.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.30m NOK → +238.1k NOK (op. margin 4.2% → 1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 20.44m NOK → 19.64m NOK (equity ratio 29.9% → 24.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 51.2k NOK → 16.40m NOK (+31924.9% YoY). Calculated