ACHIEVA AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-30; registry 2018-08-02; journal 2018 849396
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACHIEVA AS. Revenue 3.79m NOK → 3.65m NOK (-3.7%). Net result +76.0k NOK → 0 NOK. Equity 413.9k NOK → 362.0k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACHIEVA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +127.1k NOK → +427.5k NOK (op. margin 3.4% → 11.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.79m NOK to 3.65m NOK (-3.7% YoY). Calculated
-
↓
Net result weakened
Net result +76.0k NOK → 0 NOK (net margin 2.0% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 413.9k NOK → 362.0k NOK (equity ratio 26.9% → 24.6%). Calculated
-
↓
Cash fell
Bank deposits 497.8k NOK → 476.1k NOK (-4.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 479.6k NOK → 2.09m NOK (13% → 57% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 772.1k NOK → 20.7k NOK (-97.3% YoY). Calculated