Org.nr 816 896 142 2016 → 2017 Year-over-year analysis

AJ VESTFOLD BYGG AS: årsregnskap 2017 vs 2016

Grew 225% on revenue, slipped into loss

approved 2018-07-30; registry 2018-08-04; journal 2018 861799

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AJ VESTFOLD BYGG AS. Revenue 220.8k NOK → 717.3k NOK (+224.9%). Net result +101.0k NOK → -7.89bn NOK. Equity 5.13m NOK → 123.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AJ VESTFOLD BYGG AS.

Scorecard

Revenue
220.8k NOK 717.3k NOK
+224.9%
Operating result
+134.6k NOK n/m
—
Net result
+101.0k NOK -7.89bn NOK
-7812715.5%
Equity
5.13m NOK 123.2k NOK
-97.6%
Cash
39.6k NOK 134.5k NOK
+239.6%
Total assets
182.7k NOK 191.2k NOK
+4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 220.8k NOK to 717.3k NOK (+224.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 39.6k NOK → 134.5k NOK (+239.6% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 101.0k NOK profit to a loss of 7.89bn NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.13m NOK → 123.2k NOK (equity ratio 2808.2% → 64.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 14.2k NOK → 1.25m NOK (+8724.9% YoY). Calculated