Org.nr 964 854 173 2016 → 2017 Year-over-year analysis

ACUSTUS SVEIS AS: årsregnskap 2017 vs 2016

Shrank 6% on revenue

approved 2018-05-14; registry 2018-05-26; journal 2018 356452

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACUSTUS SVEIS AS. Revenue 24.48m NOK → 23.03m NOK (-5.9%). Equity 4.41m NOK → 3.92m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

24.48m NOK 23.03m NOK

-5.9%

Operating result

+2.05m NOK +1.90m NOK

-7.3%

Equity

4.41m NOK 3.92m NOK

-11.2%

Cash

602.3k NOK 1.47m NOK

+144.6%

Total assets

17.49m NOK 15.63m NOK

-10.7%

↑
Cash rose

Bank deposits 602.3k NOK → 1.47m NOK (+144.6% YoY). Calculated
↑
Payroll decreased

Salary cost 12.89m NOK → 11.77m NOK (53% → 51% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 24.48m NOK to 23.03m NOK (-5.9% YoY). Calculated
↓
Operating result weakened

Operating result +2.05m NOK → +1.90m NOK (op. margin 8.4% → 8.2%). Calculated
↓
Equity eroded

Book equity 4.41m NOK → 3.92m NOK (equity ratio 25.2% → 25.1%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.16× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated