AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2017 vs 2016
Shrank 21% on revenue, stronger earnings
approved 2018-03-15; registry 2018-03-19; journal 2018 235897
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 44.75m NOK → 35.44m NOK (-20.8%). Net result +5 NOK → +2.24m NOK. Equity 4.87m NOK → 5.11m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +5 NOK → +2.24m NOK (net margin 0.0% → 6.3%). Calculated
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↑
Equity strengthened
Book equity 4.87m NOK → 5.11m NOK (equity ratio 37.9% → 36.3%). Calculated
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↑
Cash rose
Bank deposits 2.76m NOK → 4.89m NOK (+77.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 44.75m NOK to 35.44m NOK (-20.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 27.45m NOK → 18.29m NOK (-33.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 267.5k NOK → 432.6k NOK. Reported fact