AIR BUILDING AS: årsregnskap 2017 vs 2016
Grew 956% on revenue
approved 2018-04-24; registry 2018-05-05; journal 2018 299276
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIR BUILDING AS. Revenue 290.7k NOK → 3.07m NOK (+955.7%). Equity 338.1k NOK → 262.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR BUILDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 290.7k NOK to 3.07m NOK (+955.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +417.5k NOK → -80.2k NOK (op. margin 143.6% → -2.6%). Calculated
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↓
Equity eroded
Book equity 338.1k NOK → 262.3k NOK (equity ratio 55.1% → 29.6%). Calculated
-
↓
Cash fell
Bank deposits 97.7k NOK → 74.6k NOK (-23.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 664.9k NOK → 2.39m NOK (229% → 78% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 36.0k NOK → 323.5k NOK (+798.1% YoY). Calculated