AIRFLOW FILTER AS: årsregnskap 2017 vs 2016
Shrank 17% on revenue
approved 2018-05-23; registry 2018-06-23; journal 2018 531694
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRFLOW FILTER AS. Revenue 947.2k NOK → 783.1k NOK (-17.3%). Equity 480.5k NOK → 618.3k NOK.
On the constructive side: 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 AIRFLOW FILTER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 480.5k NOK → 618.3k NOK (equity ratio 79.6% → 83.9%). Calculated
-
↑
Cash rose
Bank deposits 225.6k NOK → 411.2k NOK (+82.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 947.2k NOK to 783.1k NOK (-17.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +194.8k NOK → +181.7k NOK (op. margin 20.6% → 23.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 680.2k NOK → 541.2k NOK (-20.4% YoY). Calculated