ADVANCED ENGINEERING SYSTEMS AS: årsregnskap 2017 vs 2016
Grew 36% on revenue
approved 2018-06-25; registry 2018-07-02; journal 2018 593902
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVANCED ENGINEERING SYSTEMS AS. Revenue 2.98m NOK → 4.04m NOK (+35.6%). Equity 16.0k NOK → 156.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVANCED ENGINEERING SYSTEMS AS.
At a glance
Scorecard
Revenue
2.98m NOK
4.04m NOK
+35.6%
Net result
n/m
+290.7k NOK
—
Equity
16.0k NOK
156.7k NOK
+878.7%
Cash
93.0k NOK
183.8k NOK
+97.6%
Total assets
1.26m NOK
1.12m NOK
-11.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.98m NOK to 4.04m NOK (+35.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 16.0k NOK → 156.7k NOK (equity ratio 1.3% → 14.0%). Calculated
-
↑
Cash rose
Bank deposits 93.0k NOK → 183.8k NOK (+97.6% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 2.13m NOK → 2.34m NOK (+9.9% YoY). Calculated