FirmaIQ
Org.nr 986 942 033 2016 → 2017 Year-over-year analysis

APPEAR ASA: årsregnskap 2017 vs 2016

Weaker earnings, cash halved-plus

approved 2018-05-22; registry 2018-07-28; journal 2018 816360

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for APPEAR ASA. Revenue 12.27bn NOK → 12.20bn NOK (-0.5%). Net result +49.48m NOK → +10.71m NOK. Equity 8.23bn NOK → 223.17m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
12.27bn NOK 12.20bn NOK
-0.5%
Net result
+49.48m NOK +10.71m NOK
-78.4%
Equity
8.23bn NOK 223.17m NOK
-97.3%
Cash
54.83m NOK 25.34m NOK
-53.8%
Total assets
283.67m NOK 262.10m NOK
-7.6%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 15.42m NOK → 15.48m NOK (+57.9k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.27bn NOK to 12.20bn NOK (-0.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +49.48m NOK → +10.71m NOK (net margin 0.4% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 8.23bn NOK → 223.17m NOK (equity ratio 2902.0% → 85.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 54.83m NOK → 25.34m NOK (-53.8% YoY). Calculated