ACO NORWAY AS: årsregnskap 2017 vs 2016
Grew 31% on revenue, stronger earnings
approved 2018-06-13; registry 2018-06-20; journal 2018 519083
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACO NORWAY AS. Revenue 171.27m NOK → 224.92m NOK (+31.3%). Net result +6.54m NOK → +10.51m NOK. Equity 33.30m NOK → 44.56m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
171.27m NOK
224.92m NOK
+31.3%
Net result
+6.54m NOK
+10.51m NOK
+60.5%
Equity
33.30m NOK
44.56m NOK
+33.8%
Cash
1.42m NOK
1.57m NOK
+11.1%
Total assets
70.30m NOK
102.74m NOK
+46.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 171.27m NOK to 224.92m NOK (+31.3% YoY). Calculated
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↑
Net result improved
Net result +6.54m NOK → +10.51m NOK (net margin 3.8% → 4.7%). Calculated
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↑
Equity strengthened
Book equity 33.30m NOK → 44.56m NOK (equity ratio 47.4% → 43.4%). Calculated
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↑
Cash rose
Bank deposits 1.42m NOK → 1.57m NOK (+11.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.04× → 1.65×. Calculated