Org.nr 915 364 209 2016 → 2017 Year-over-year analysis

ACHB DRIFT AS: årsregnskap 2017 vs 2016

Grew 1720% on revenue

approved 2018-05-29; registry 2018-07-30; journal 2018 816828

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACHB DRIFT AS. Revenue 84.1k NOK → 1.53m NOK (+1720.3%). Net result +5 006 NOK → +60 NOK. Equity 83.7k NOK → 231.4k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACHB DRIFT AS.

Scorecard

Revenue
84.1k NOK 1.53m NOK
+1720.3%
Operating result
+74.7k NOK +202.4k NOK
+170.8%
Net result
+5 006 NOK +60 NOK
-98.8%
Equity
83.7k NOK 231.4k NOK
+176.4%
Cash
29.0k NOK 48.2k NOK
+66.3%
Total assets
280.0k NOK 317.8k NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 84.1k NOK to 1.53m NOK (+1720.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +74.7k NOK → +202.4k NOK (op. margin 88.8% → 13.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 83.7k NOK → 231.4k NOK (equity ratio 29.9% → 72.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.0k NOK → 48.2k NOK (+66.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.37× → 1.53×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +5 006 NOK → +60 NOK (net margin 5.9% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 115.8k NOK → 54.8k NOK (-52.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value -4 656 NOK → 30.0k NOK. Reported fact