FirmaIQ
Org.nr 988 320 080 2016 → 2017 Year-over-year analysis

AK. GRIEG NORGE AS: årsregnskap 2017 vs 2016

Grew 7% on revenue, stronger earnings

approved 2018-06-25; registry 2018-07-02; journal 2018 607868

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AK. GRIEG NORGE AS. Revenue 197.5k NOK → 211.6k NOK (+7.2%). Net result +13.0k NOK → +4.11m NOK. Equity -297.6k NOK → -191.0k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK. GRIEG NORGE AS.

At a glance

Scorecard

Revenue
197.5k NOK 211.6k NOK
+7.2%
Operating result
+10.8k NOK +104.9k NOK
+870.0%
Net result
+13.0k NOK +4.11m NOK
+31508.2%
Equity
-297.6k NOK -191.0k NOK
+35.8%
Cash
408.9k NOK 403.3k NOK
-1.4%
Total assets
514.7k NOK 498.4k NOK
-3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 197.5k NOK to 211.6k NOK (+7.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.8k NOK → +104.9k NOK (op. margin 5.5% → 49.6%). Calculated

  • ↑

    Net result improved

    Net result +13.0k NOK → +4.11m NOK (net margin 6.6% → 1940.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -297.6k NOK → -191.0k NOK (equity ratio -57.8% → -38.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 408.9k NOK → 403.3k NOK (-1.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 93.6k NOK → 33.1k NOK (-64.6% YoY). Calculated