Org.nr 938 364 052 2016 → 2017 Year-over-year analysis

AEBI SCHMIDT NORGE AS: årsregnskap 2017 vs 2016

Shrank 22% on revenue

approved 2018-05-02; registry 2018-06-06; journal 2018 418364

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AEBI SCHMIDT NORGE AS. Revenue 146.34m NOK → 113.99m NOK (-22.1%). Equity 37.93m NOK → 17.29m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AEBI SCHMIDT NORGE AS.

At a glance

Revenue

146.34m NOK 113.99m NOK

-22.1%

Net result

+5.41m NOK n/m

—

Equity

37.93m NOK 17.29m NOK

-54.4%

Cash

14.02m NOK 16.74m NOK

+19.4%

Total assets

89.67m NOK 65.98m NOK

-26.4%

↑
Cash rose

Bank deposits 14.02m NOK → 16.74m NOK (+19.4% YoY). Calculated
↑
Payroll decreased

Salary cost 32.56m NOK → 30.37m NOK (22% → 27% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 146.34m NOK to 113.99m NOK (-22.1% YoY). Calculated
↓
Equity eroded

Book equity 37.93m NOK → 17.29m NOK (equity ratio 42.3% → 26.2%). Calculated

·
COGS fell

COGS / varekostnad 90.62m NOK → 69.93m NOK (-22.8% YoY). Calculated