AC DESIGN AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, stronger earnings
approved 2018-03-15; registry 2018-04-24; journal 2018 283634
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AC DESIGN AS. Revenue 952.1k NOK → 1 182 NOK (-99.9%). Net result +76.6k NOK → +137.1k NOK. Equity 209.5k NOK → 346.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +101.6k NOK → +180.7k NOK (op. margin 10.7% → 15291.1%). Calculated
-
↑
Net result improved
Net result +76.6k NOK → +137.1k NOK (net margin 8.0% → 11595.3%). Calculated
-
↑
Equity strengthened
Book equity 209.5k NOK → 346.5k NOK (equity ratio 44.5% → 56.9%). Calculated
-
↑
Cash rose
Bank deposits 314.6k NOK → 432.1k NOK (+37.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 952.1k NOK to 1 182 NOK (-99.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 167.1k NOK → 252.4k NOK (18% → 21350% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 375.9k NOK → 434.2k NOK (+15.5% YoY). Calculated