FirmaIQ
Org.nr 915 157 564 2016 → 2017 Year-over-year analysis

AF AUTO AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue, stronger earnings, cash halved-plus

approved 2018-06-26; registry 2018-06-28; journal 2018 586900

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AF AUTO AS. Revenue 647.9k NOK → 347.0k NOK (-46.5%). Net result +182.4k NOK → +413.7k NOK. Equity 49.7k NOK → 2.24m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
647.9k NOK 347.0k NOK
-46.5%
Operating result
+243.2k NOK +544.9k NOK
+124.1%
Net result
+182.4k NOK +413.7k NOK
+126.8%
Equity
49.7k NOK 2.24m NOK
+4394.1%
Cash
309.3k NOK 108.1k NOK
-65.0%
Total assets
418.2k NOK 766.1k NOK
+83.2%

What improved

  • ↑

    Operating result improved

    Operating result +243.2k NOK → +544.9k NOK (op. margin 37.5% → 157.0%). Calculated

  • ↑

    Net result improved

    Net result +182.4k NOK → +413.7k NOK (net margin 28.2% → 119.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 49.7k NOK → 2.24m NOK (equity ratio 11.9% → 291.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 647.9k NOK to 347.0k NOK (-46.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 309.3k NOK → 108.1k NOK (-65.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 390.6k NOK → 780.4k NOK (+99.8% YoY). Calculated