FirmaIQ
Org.nr 985 574 316 2016 → 2017 Year-over-year analysis

AJ EIENDOM STORD AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue, stronger earnings

approved 2018-06-30; registry 2018-07-23; journal 2018 751405

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AJ EIENDOM STORD AS. Revenue 460.8k NOK → 392.0k NOK (-14.9%). Net result +4 NOK → +287.9k NOK. Equity 696.2k NOK → 408.3k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ EIENDOM STORD AS.

At a glance

Scorecard

Revenue
460.8k NOK 392.0k NOK
-14.9%
Operating result
+205.0k NOK +42.4k NOK
-79.3%
Net result
+4 NOK +287.9k NOK
+7198575.0%
Equity
696.2k NOK 408.3k NOK
-41.4%
Cash
9 374 NOK 60.0k NOK
+540.1%
Total assets
5.07m NOK 5.73m NOK
+13.1%

What improved

  • ↑

    Net result improved

    Net result +4 NOK → +287.9k NOK (net margin 0.0% → 73.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 9 374 NOK → 60.0k NOK (+540.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 460.8k NOK to 392.0k NOK (-14.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +205.0k NOK → +42.4k NOK (op. margin 44.5% → 10.8%). Calculated

  • ↓

    Equity eroded

    Book equity 696.2k NOK → 408.3k NOK (equity ratio 13.7% → 7.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation