AF GRUPPEN ASA: årsregnskap 2017 vs 2016
Grew 71798% on revenue
approved 2018-05-09; registry 2018-06-02; journal 2018 378990
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AF GRUPPEN ASA. Revenue 669.0k NOK → 481.00m NOK (+71798.4%). Net result +691.00m NOK → +621.00m NOK. Equity 353.0k NOK → 356.0k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 669.0k NOK to 481.00m NOK (+71798.4% YoY). Calculated
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↑
Equity strengthened
Book equity 353.0k NOK → 356.0k NOK (equity ratio 26.2% → 0.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.77× → 387.57×. Calculated
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↑
Owners injected capital
Paid-in equity rose 53.00m NOK → 57.00m NOK (+4.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +654.00m NOK → +465.00m NOK (op. margin 97757.8% → 96.7%). Calculated
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↓
Net result weakened
Net result +691.00m NOK → +621.00m NOK (net margin 103288.5% → 129.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 581.00m NOK → 1.23m NOK. Reported fact