FirmaIQ
Org.nr 853 040 592 2016 → 2017 Year-over-year analysis

AIRCOIL AS: årsregnskap 2017 vs 2016

Shrank 9% on revenue, stronger earnings

approved 2018-03-21; registry 2018-07-03; journal 2018 606300

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIRCOIL AS. Revenue 27.85m NOK → 25.30m NOK (-9.1%). Net result +88.3k NOK → +958.0k NOK. Equity 3.83m NOK → 3.85m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRCOIL AS.

At a glance

Scorecard

Revenue
27.85m NOK 25.30m NOK
-9.1%
Operating result
+1.49m NOK +1.35m NOK
-9.6%
Net result
+88.3k NOK +958.0k NOK
+984.4%
Equity
3.83m NOK 3.85m NOK
+0.6%
Cash
3.26m NOK 3.61m NOK
+10.7%
Total assets
7.82m NOK 8.82m NOK
+12.8%

What improved

  • ↑

    Net result improved

    Net result +88.3k NOK → +958.0k NOK (net margin 0.3% → 3.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.83m NOK → 3.85m NOK (equity ratio 49.0% → 43.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.26m NOK → 3.61m NOK (+10.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.26m NOK → 3.87m NOK (15% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.85m NOK to 25.30m NOK (-9.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.49m NOK → +1.35m NOK (op. margin 5.4% → 5.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 20.52m NOK → 18.33m NOK (-10.7% YoY). Calculated