AERO-TEC AS: årsregnskap 2017 vs 2016
Grew 251% on revenue, cash halved-plus
approved 2018-06-29; registry 2018-07-17; journal 2018 722047
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AERO-TEC AS. Revenue 360.7k NOK → 1.26m NOK (+250.6%). Equity 649.8k NOK → 670.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AERO-TEC AS.
At a glance
Scorecard
Revenue
360.7k NOK
1.26m NOK
+250.6%
Equity
649.8k NOK
670.1k NOK
+3.1%
Cash
204.4k NOK
15.1k NOK
-92.6%
Total assets
1.03m NOK
1.47m NOK
+41.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 360.7k NOK to 1.26m NOK (+250.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 649.8k NOK → 670.1k NOK (equity ratio 62.9% → 45.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 204.4k NOK → 15.1k NOK (-92.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 154.7k NOK → 131.3k NOK (-15.1% YoY). Calculated