FirmaIQ
Org.nr 986 386 092 2016 → 2017 Year-over-year analysis

AIRCONTACT GROUP AS: årsregnskap 2017 vs 2016

Grew 152536% on revenue

approved 2018-04-27; registry 2018-06-25; journal 2018 540460

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIRCONTACT GROUP AS. Revenue 12.06m NOK → 18.41bn NOK (+152536.5%). Net result +26.34m NOK → +29.41m NOK. Equity 12 NOK → 254.77m NOK.

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

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRCONTACT GROUP AS.

At a glance

Scorecard

Revenue
12.06m NOK 18.41bn NOK
+152536.5%
Operating result
-9.49m NOK -7.06m NOK
+25.6%
Net result
+26.34m NOK +29.41m NOK
+11.7%
Equity
12 NOK 254.77m NOK
+2123061808.3%
Cash
144.77m NOK 143.54m NOK
-0.8%
Total assets
296.13m NOK 311.98m NOK
+5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.06m NOK to 18.41bn NOK (+152536.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -9.49m NOK → -7.06m NOK (op. margin -78.7% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result +26.34m NOK → +29.41m NOK (net margin 218.3% → 0.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 12 NOK → 254.77m NOK (equity ratio 0.0% → 81.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 144.77m NOK → 143.54m NOK (-0.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 230.09m NOK → 4.23bn NOK (1907% → 23% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 34.32m NOK → 29.91m NOK (-12.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.71m NOK → 8.76m NOK. Reported fact