AKERSHUS - ØSTFOLD ELEKTRO AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-03-14; registry 2018-05-03; journal 2018 296237
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSHUS - ØSTFOLD ELEKTRO AS. Revenue 7.91m NOK → 8.09m NOK (+2.4%). Net result +1.26bn NOK → +1.05m NOK. Equity 1.19m NOK → 1.23m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS - ØSTFOLD ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.91m NOK to 8.09m NOK (+2.4% YoY). Calculated
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↑
Equity strengthened
Book equity 1.19m NOK → 1.23m NOK (equity ratio 25.2% → 24.3%). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.26bn NOK → +1.05m NOK (net margin 15927.9% → 12.9%). Calculated
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↓
Cash fell
Bank deposits 605.5k NOK → 238.0k NOK (-60.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.21m NOK → 2.70m NOK (28% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.36m NOK → 3.45m NOK (+2.7% YoY). Calculated