ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 2017 vs 2016
Shrank 17% on revenue, weaker earnings, cash halved-plus
approved 2018-03-22; registry 2018-07-17; journal 2018 705077
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 39.38m NOK → 32.63m NOK (-17.1%). Net result +2.64m NOK → +1.51m NOK. Equity 3.50m NOK → 3.50m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 3.50m NOK → 3.50m NOK (equity ratio 26.6% → 29.7%). Calculated
-
↑
Payroll decreased
Salary cost 14.38m NOK → 13.74m NOK (37% → 42% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 39.38m NOK to 32.63m NOK (-17.1% YoY). Calculated
-
↓
Net result weakened
Net result +2.64m NOK → +1.51m NOK (net margin 6.7% → 4.6%). Calculated
-
↓
Cash fell
Bank deposits 6.91m NOK → 3.42m NOK (-50.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 14.51m NOK → 10.22m NOK (-29.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 75.6k NOK → 140.8k NOK. Reported fact