ARENDALS FOSSEKOMPANI ASA: årsregnskap 2017 vs 2016
Grew 25% on revenue, stronger earnings
approved 2018-04-26; registry 2018-06-15; journal 2018 479527
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ARENDALS FOSSEKOMPANI ASA. Revenue 112.7k NOK → 140.7k NOK (+24.8%). Net result +327.5k NOK → +2.67m NOK. Equity 2.36bn NOK → 4.20bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ARENDALS FOSSEKOMPANI ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 112.7k NOK to 140.7k NOK (+24.8% YoY). Calculated
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Operating result improved
Operating result +37.87m NOK → +64.81m NOK (op. margin 33592.1% → 46069.9%). Calculated
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Net result improved
Net result +327.5k NOK → +2.67m NOK (net margin 290.6% → 1899.1%). Calculated
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Equity strengthened
Book equity 2.36bn NOK → 4.20bn NOK (equity ratio 51.4% → 67.0%). Calculated
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Cash rose
Bank deposits 62.07m NOK → 1.71bn NOK (+2648.2% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 151.84m NOK → 225.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 33.41m NOK → 37.70m NOK (29641% → 26803% of revenue). Calculated
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COGS fell
COGS / varekostnad 5.11m NOK → 2.78m NOK (-45.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 2.14bn NOK → 1.91bn NOK. Reported fact