Org.nr 983 208 460 2016 → 2017 Year-over-year analysis

AKERSHUS VVS AS: årsregnskap 2017 vs 2016

Shrank 35% on revenue

approved 2018-03-22; registry 2018-05-14; journal 2018 315393

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSHUS VVS AS. Revenue 9.89m NOK → 6.38m NOK (-35.5%). Equity 1.04m NOK → 991.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS VVS AS.

At a glance

Revenue

9.89m NOK 6.38m NOK

-35.5%

Operating result

+326.0k NOK n/m

—

Net result

+286.0k NOK n/m

—

Equity

1.04m NOK 991.3k NOK

-4.3%

Cash

492.6k NOK 312.6k NOK

-36.5%

Total assets

2.64m NOK 2.31m NOK

-12.3%

↑
Payroll decreased

Salary cost 3.51m NOK → 2.54m NOK (35% → 40% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.89m NOK to 6.38m NOK (-35.5% YoY). Calculated
↓
Equity eroded

Book equity 1.04m NOK → 991.3k NOK (equity ratio 39.3% → 42.9%). Calculated
↓
Cash fell

Bank deposits 492.6k NOK → 312.6k NOK (-36.5% YoY). Calculated