Org.nr 998 892 198 2016 → 2017 Year-over-year analysis

AJO OTTA AS: årsregnskap 2017 vs 2016

Grew 438760% on revenue, cash halved-plus

approved 2018-04-16; registry 2018-06-25; journal 2018 542831

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AJO OTTA AS. Revenue 338.9k NOK → 1.49bn NOK (+438760.4%). Net result +29.9k NOK → +25.6k NOK. Equity 755.3k NOK → 1.42m NOK.

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

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AJO OTTA AS.

Scorecard

Revenue
338.9k NOK 1.49bn NOK
+438760.4%
Operating result
+134.3k NOK +168.3k NOK
+25.3%
Net result
+29.9k NOK +25.6k NOK
-14.5%
Equity
755.3k NOK 1.42m NOK
+88.4%
Cash
61.0k NOK 11.9k NOK
-80.6%
Total assets
448.8k NOK 8.20m NOK
+1726.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 338.9k NOK to 1.49bn NOK (+438760.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +134.3k NOK → +168.3k NOK (op. margin 39.6% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 755.3k NOK → 1.42m NOK (equity ratio 168.3% → 17.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +29.9k NOK → +25.6k NOK (net margin 8.8% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 61.0k NOK → 11.9k NOK (-80.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.55m NOK → 1.11m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 15.0k NOK → 827.3k NOK (+5409.6% YoY). Calculated