ACORN VANNRENS AS: årsregnskap 2017 vs 2016
Grew 435% on revenue, cash halved-plus
approved 2018-03-12; registry 2018-03-17; journal 2018 233678
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACORN VANNRENS AS. Revenue 178.8k NOK → 957.5k NOK (+435.4%). Equity 40.1k NOK → 12.18m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACORN VANNRENS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 178.8k NOK to 957.5k NOK (+435.4% YoY). Calculated
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↑
Operating result improved
Operating result +47.2k NOK → +571.4k NOK (op. margin 26.4% → 59.7%). Calculated
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↑
Equity strengthened
Book equity 40.1k NOK → 12.18m NOK (equity ratio 22.0% → 1480.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 27.1k NOK → 13.0k NOK (-52.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 25.6k NOK → 274.4k NOK (+972.4% YoY). Calculated