Org.nr 979 288 662 2016 → 2017 Year-over-year analysis

ACANE AS: årsregnskap 2017 vs 2016

Grew 122% on revenue

approved 2018-06-29; registry 2018-07-16; journal 2018 694838

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACANE AS. Revenue 2.84m NOK → 6.31m NOK (+121.9%). Equity 4.13bn NOK → 4.12bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACANE AS.

Scorecard

Revenue
2.84m NOK 6.31m NOK
+121.9%
Operating result
+2.48m NOK +5.67m NOK
+128.7%
Equity
4.13bn NOK 4.12bn NOK
-0.1%
Cash
6.61m NOK 14.68m NOK
+121.9%
Total assets
128.84m NOK 125.17m NOK
-2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.84m NOK to 6.31m NOK (+121.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.48m NOK → +5.67m NOK (op. margin 87.2% → 89.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.61m NOK → 14.68m NOK (+121.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.13bn NOK → 4.12bn NOK (equity ratio 3204.3% → 3295.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 34.71m NOK → 36.11m NOK. Reported fact