ADMINISTRATIV REGNSKAPSSERVICE AS: årsregnskap 2017 vs 2016
Grew 11% on revenue, weaker earnings, cash halved-plus
approved 2018-05-15; registry 2018-05-30; journal 2018 373820
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADMINISTRATIV REGNSKAPSSERVICE AS. Revenue 9.30m NOK → 10.29m NOK (+10.6%). Net result +423.4k NOK → +21.4k NOK. Equity 774.9k NOK → 753.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMINISTRATIV REGNSKAPSSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.30m NOK to 10.29m NOK (+10.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +556.9k NOK → +73.2k NOK (op. margin 6.0% → 0.7%). Calculated
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↓
Net result weakened
Net result +423.4k NOK → +21.4k NOK (net margin 4.6% → 0.2%). Calculated
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↓
Equity eroded
Book equity 774.9k NOK → 753.4k NOK (equity ratio 29.1% → 29.7%). Calculated
-
↓
Cash fell
Bank deposits 1.09m NOK → 485.4k NOK (-55.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 19.0k NOK → 120.7k NOK. Reported fact