AC DESIGNTECH AS: årsregnskap 2017 vs 2016
Grew 95% on revenue, weaker earnings
approved 2018-04-11; registry 2018-04-23; journal 2018 279913
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AC DESIGNTECH AS. Revenue 711.2k NOK → 1.38m NOK (+94.6%). Net result +308.5k NOK → +209.5k NOK. Equity 284.6k NOK → 494.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 711.2k NOK to 1.38m NOK (+94.6% YoY). Calculated
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↑
Equity strengthened
Book equity 284.6k NOK → 494.1k NOK (equity ratio 53.9% → 98.5%). Calculated
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↑
Cash rose
Bank deposits 372.1k NOK → 287.96m NOK (+77296.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 845.3k NOK → 379.7k NOK (119% → 27% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +403.6k NOK → +213.5k NOK (op. margin 56.8% → 15.4%). Calculated
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↓
Net result weakened
Net result +308.5k NOK → +209.5k NOK (net margin 43.4% → 15.1%). Calculated