AGLEN SETTEFISK AS: årsregnskap 2017 vs 2016
Shrank 31% on revenue, weaker earnings
approved 2018-05-24; registry 2018-07-04; journal 2018 609803
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGLEN SETTEFISK AS. Revenue 7.30m NOK → 5.00m NOK (-31.5%). Net result +552.3k NOK → +205.8k NOK. Equity 1.39m NOK → 1.40m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGLEN SETTEFISK AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.39m NOK → 1.40m NOK (equity ratio 6.9% → 14.9%). Calculated
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↑
Cash rose
Bank deposits 306.8k NOK → 425.1k NOK (+38.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.61m NOK → 2.21m NOK (36% → 44% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.30m NOK to 5.00m NOK (-31.5% YoY). Calculated
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↓
Operating result weakened
Operating result +715.6k NOK → +274.3k NOK (op. margin 9.8% → 5.5%). Calculated
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↓
Net result weakened
Net result +552.3k NOK → +205.8k NOK (net margin 7.6% → 4.1%). Calculated
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↓
COGS moved
COGS / varekostnad 1.25m NOK → 3.47m NOK (+177.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 17.98m NOK → 18.0k NOK. Reported fact