AKASIA GRAVSTELL AS: årsregnskap 2017 vs 2016
Shrank 13% on revenue, stronger earnings
approved 2018-06-07; registry 2018-06-19; journal 2018 504021
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKASIA GRAVSTELL AS. Revenue 51.43m NOK → 44.75m NOK (-13.0%). Net result +630.3k NOK → +2.25m NOK. Equity 155.3k NOK → 200.6k 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 AKASIA GRAVSTELL AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +630.3k NOK → +2.25m NOK (net margin 1.2% → 5.0%). Calculated
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↑
Equity strengthened
Book equity 155.3k NOK → 200.6k NOK (equity ratio 0.3% → 0.5%). Calculated
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↑
Cash rose
Bank deposits 380.7k NOK → 5.26m NOK (+1281.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 23.02m NOK → 18.90m NOK (45% → 42% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 51.43m NOK to 44.75m NOK (-13.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 13.14m NOK → 8.92m NOK (-32.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 26.37m NOK → 26.34m NOK. Reported fact