ACHILLES FINANS AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, slipped into loss
approved 2018-04-18; registry 2018-05-30; journal 2018 370351
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACHILLES FINANS AS. Revenue 148.0k NOK → 605 NOK (-99.6%). Net result +795.4k NOK → -278.4k NOK. Equity 4.97m NOK → 4.69m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACHILLES FINANS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 162.1k NOK → 1 619 NOK (110% → 268% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 148.0k NOK to 605 NOK (-99.6% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 795.4k NOK profit to a loss of 278.4k NOK. Calculated
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↓
Equity eroded
Book equity 4.97m NOK → 4.69m NOK (equity ratio 67.0% → 63.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 512.0k NOK → 12.0k NOK. Reported fact