Org.nr 812 702 742 2016 → 2017 Year-over-year analysis

ACEVE NORGE AS: årsregnskap 2017 vs 2016

Grew 76% on revenue, stronger earnings, fresh owner capital

approved 2018-05-15; registry 2018-06-09; journal 2018 446128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACEVE NORGE AS. Revenue 1.88m NOK → 3.30m NOK (+75.9%). Net result +296.0k NOK → +539.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACEVE NORGE AS.

Scorecard

Revenue
1.88m NOK 3.30m NOK
+75.9%
Operating result
+150.2k NOK +189.9k NOK
+26.5%
Net result
+296.0k NOK +539.8k NOK
+82.4%
Cash
483.1k NOK 392.1k NOK
-18.8%
Total assets
7.48m NOK 8.74m NOK
+16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.88m NOK to 3.30m NOK (+75.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +150.2k NOK → +189.9k NOK (op. margin 8.0% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result +296.0k NOK → +539.8k NOK (net margin 15.8% → 16.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 267.5k NOK → 3.40m NOK (+3.13m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 483.1k NOK → 392.1k NOK (-18.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 292 NOK → 120.1k NOK (+41044.2% YoY). Calculated