AC VARMEPUMPER AS: årsregnskap 2017 vs 2016
Shrank 13% on revenue, returned to profit
approved 2018-05-25; registry 2018-06-09; journal 2018 437436
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AC VARMEPUMPER AS. Revenue 6.61m NOK → 5.77m NOK (-12.8%). Net result -440.8k NOK → +240.9k NOK. Equity 298.5k NOK → 539.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AC VARMEPUMPER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -438.4k NOK → +240.0k NOK (op. margin -6.6% → 4.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 440.8k NOK to a profit of 240.9k NOK. Calculated
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↑
Equity strengthened
Book equity 298.5k NOK → 539.4k NOK (equity ratio 13.8% → 34.2%). Calculated
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Cash rose
Bank deposits 569.0k NOK → 788.3k NOK (+38.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.61m NOK to 5.77m NOK (-12.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.48m NOK → 2.58m NOK (37% → 45% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 3.35m NOK → 2.22m NOK (-33.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 19.2k NOK → 9 168 NOK. Reported fact