AJO MASKIN AS: årsregnskap 2017 vs 2016
Grew 95% on revenue, stronger earnings
approved 2018-04-25; registry 2018-05-17; journal 2018 327012
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AJO MASKIN AS. Revenue 392.3k NOK → 766.5k NOK (+95.4%). Net result +2 016 NOK → +46.6k NOK. Equity 1.57m NOK → 1.62m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AJO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 392.3k NOK to 766.5k NOK (+95.4% YoY). Calculated
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Operating result improved
Operating result -146.5k NOK → +63.8k NOK (op. margin -37.4% → 8.3%). Calculated
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Net result improved
Net result +2 016 NOK → +46.6k NOK (net margin 0.5% → 6.1%). Calculated
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Equity strengthened
Book equity 1.57m NOK → 1.62m NOK (equity ratio 64.4% → 89.8%). Calculated
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Cash rose
Bank deposits 466.7k NOK → 508.0k NOK (+8.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 70.1k NOK → 5.15m NOK (18% → 672% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 30.1k NOK → 19.6k NOK (-34.7% YoY). Calculated