ACJ AS: årsregnskap 2017 vs 2016
Grew 25% on revenue, stronger earnings, cash halved-plus
approved 2018-06-29; registry 2018-08-09; journal 2018 888568
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACJ AS. Revenue 7.36m NOK → 9.17m NOK (+24.6%). Net result +195.0k NOK → +419.4k NOK. Equity 554.7k NOK → 562.0k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACJ AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.36m NOK to 9.17m NOK (+24.6% YoY). Calculated
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↑
Net result improved
Net result +195.0k NOK → +419.4k NOK (net margin 2.6% → 4.6%). Calculated
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↑
Equity strengthened
Book equity 554.7k NOK → 562.0k NOK (equity ratio 22.6% → 14.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.58m NOK → 455.7k NOK (-71.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.58m NOK → 455.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 3.30m NOK → 4.55m NOK (45% → 50% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.31m NOK → 2.41m NOK (+4.2% YoY). Calculated