Org.nr 987 377 283 2016 → 2017 Year-over-year analysis

ACHESON AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-04-30; registry 2018-05-23; journal 2018 339143

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACHESON AS. Net result +166.0k NOK → +809.7k NOK. Equity 11.75m NOK → 12.36m NOK.

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

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

At a glance

Operating result

-61.2k NOK -69.4k NOK

-13.3%

Net result

+166.0k NOK +809.7k NOK

+387.9%

Equity

11.75m NOK 12.36m NOK

+5.2%

Cash

229.4k NOK 369.6k NOK

+61.1%

Total assets

13.61m NOK 12.67m NOK

-6.9%

↑
Net result improved

Net result +166.0k NOK → +809.7k NOK. Calculated
↑
Equity strengthened

Book equity 11.75m NOK → 12.36m NOK (equity ratio 86.3% → 97.5%). Calculated
↑
Cash rose

Bank deposits 229.4k NOK → 369.6k NOK (+61.1% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.45× → 1.32×. Calculated

↓
Operating result weakened

Operating result -61.2k NOK → -69.4k NOK. Calculated

·
Book investments changed

Investment / intangible book value 13.23m NOK → 12.26m NOK. Reported fact