FirmaIQ
Org.nr 993 370 355 2016 → 2017 Year-over-year analysis

ACO TRANSPORT AS: årsregnskap 2017 vs 2016

Stronger earnings, cash halved-plus

approved 2018-03-13; registry 2018-05-05; journal 2018 300438

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACO TRANSPORT AS. Revenue 6.23m NOK → 6.39m NOK (+2.5%). Net result +4 299 NOK → +6.23m NOK. Equity 1.39m NOK → 1.91m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACO TRANSPORT AS.

At a glance

Scorecard

Revenue
6.23m NOK 6.39m NOK
+2.5%
Operating result
+76.84m NOK +830.3k NOK
-98.9%
Net result
+4 299 NOK +6.23m NOK
+144824.3%
Equity
1.39m NOK 1.91m NOK
+38.1%
Cash
953.9k NOK 154.4k NOK
-83.8%
Total assets
5.02m NOK 6.74m NOK
+34.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.23m NOK to 6.39m NOK (+2.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +4 299 NOK → +6.23m NOK (net margin 0.1% → 97.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.39m NOK → 1.91m NOK (equity ratio 27.6% → 28.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.36m NOK → 1.54m NOK (38% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +76.84m NOK → +830.3k NOK (op. margin 1233.3% → 13.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 953.9k NOK → 154.4k NOK (-83.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 737.9k NOK → 421.8k NOK (-42.8% YoY). Calculated