FirmaIQ
Org.nr 913 848 187 2016 → 2017 Year-over-year analysis

ACORN DESIGN AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue, slipped into loss

approved 2018-05-24; registry 2018-06-12; journal 2018 465318

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACORN DESIGN AS. Revenue 3.12m NOK → 1.70m NOK (-45.6%). Net result +224.9k NOK → -126.5k NOK. Equity 383.3k NOK → 256.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.12m NOK 1.70m NOK
-45.6%
Operating result
+284.4k NOK -120.7k NOK
-142.4%
Net result
+224.9k NOK -126.5k NOK
-156.2%
Equity
383.3k NOK 256.9k NOK
-33.0%
Cash
126.9k NOK 182.3k NOK
+43.6%
Total assets
627.8k NOK 504.2k NOK
-19.7%

What improved

  • ↑

    Cash rose

    Bank deposits 126.9k NOK → 182.3k NOK (+43.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.12m NOK to 1.70m NOK (-45.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +284.4k NOK → -120.7k NOK (op. margin 9.1% → -7.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 224.9k NOK profit to a loss of 126.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 383.3k NOK → 256.9k NOK (equity ratio 61.1% → 51.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.14m NOK → 6.85m NOK (196% → 403% of revenue). Calculated