AE FROGNER AS: årsregnskap 2017 vs 2016
Grew 10% on revenue, slipped into loss
approved 2018-04-04; registry 2018-07-30; journal 2018 830621
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AE FROGNER AS. Revenue 92.8k NOK → 101.9k NOK (+9.8%). Net result +41.1k NOK → -37.7k NOK. Equity 826.9k NOK → 805.2k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AE FROGNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 92.8k NOK to 101.9k NOK (+9.8% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 41.1k NOK profit to a loss of 37.7k NOK. Calculated
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↓
Equity eroded
Book equity 826.9k NOK → 805.2k NOK (equity ratio 63.3% → 68.0%). Calculated
-
↓
Cash fell
Bank deposits 793.5k NOK → 730.6k NOK (-7.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10 NOK → 20.0k NOK. Reported fact