AIFIX AS: årsregnskap 2017 vs 2016
Shrank 9% on revenue, weaker earnings
approved 2018-02-19; registry 2018-03-06; journal 2018 222173
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIFIX AS. Revenue 731.1k NOK → 663.8k NOK (-9.2%). Net result +44.0k NOK → +15.0k NOK. Equity 179.1k NOK → 194.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIFIX AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 179.1k NOK → 194.1k NOK (equity ratio 52.4% → 55.6%). Calculated
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↑
Cash rose
Bank deposits 249.2k NOK → 265.7k NOK (+6.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 731.1k NOK to 663.8k NOK (-9.2% YoY). Calculated
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↓
Operating result weakened
Operating result +58.4k NOK → +19.4k NOK (op. margin 8.0% → 2.9%). Calculated
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↓
Net result weakened
Net result +44.0k NOK → +15.0k NOK (net margin 6.0% → 2.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 586.5k NOK → 598.0k NOK (80% → 90% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.3k NOK → 3 599 NOK (-74.9% YoY). Calculated