Org.nr 999 243 886 2016 → 2017 Year-over-year analysis

ACCOUNTING 4 YOU AS: årsregnskap 2017 vs 2016

Grew 34% on revenue

approved 2018-01-22; registry 2018-02-06; journal 2018 205625

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACCOUNTING 4 YOU AS. Revenue 4.21m NOK → 5.62m NOK (+33.6%). Equity 569.7k NOK → 46.6k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACCOUNTING 4 YOU AS.

At a glance

Revenue

4.21m NOK 5.62m NOK

+33.6%

Operating result

n/m +923.3k NOK

—

Net result

n/m +676.9k NOK

—

Equity

569.7k NOK 46.6k NOK

-91.8%

Cash

786.4k NOK 424.3k NOK

-46.0%

Total assets

1.52m NOK 2.31m NOK

+52.7%

↑
Revenue rose

Operating income / revenue moved from 4.21m NOK to 5.62m NOK (+33.6% YoY). Calculated

↓
Equity eroded

Book equity 569.7k NOK → 46.6k NOK (equity ratio 37.6% → 2.0%). Calculated
↓
Cash fell

Bank deposits 786.4k NOK → 424.3k NOK (-46.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 20.2k NOK → 50.3k NOK (+148.6% YoY). Calculated