FirmaIQ
Org.nr 995 435 462 2016 → 2017 Year-over-year analysis

AIR BP NORWAY AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, cash halved-plus

approved 2018-06-30; registry 2018-07-10; journal 2018 660584

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIR BP NORWAY AS. Revenue 284.46m NOK → 375.3k NOK (-99.9%). Equity 28.33m NOK → 29.26m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AIR BP NORWAY AS.

At a glance

Scorecard

Revenue
284.46m NOK 375.3k NOK
-99.9%
Equity
28.33m NOK 29.26m NOK
+3.3%
Cash
2.16m NOK 737.0k NOK
-65.9%
Total assets
78.39m NOK 87.47m NOK
+11.6%

What improved

  • ↑

    Equity strengthened

    Book equity 28.33m NOK → 29.26m NOK (equity ratio 36.1% → 33.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.29m NOK → 5.75m NOK (2% → 1533% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 284.46m NOK to 375.3k NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.16m NOK → 737.0k NOK (-65.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 14.26m NOK → 14.35m NOK (+0.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.16m NOK → 737.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation