B2 IMPACT ASA: årsregnskap 2017 vs 2016
Grew 1327% on revenue, weaker earnings
approved 2018-05-25; registry 2018-06-28; journal 2018 573969
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for B2 IMPACT ASA. Revenue 84.4k NOK → 1.20m NOK (+1326.6%). Net result +181.50m NOK → +481.7k NOK. Equity 2.38bn NOK → 2.22bn NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for B2 IMPACT ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 84.4k NOK to 1.20m NOK (+1326.6% YoY). Calculated
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↑
Cash rose
Bank deposits 2.61m NOK → 8.73m NOK (+234.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.13bn NOK → 2.14bn NOK (+6.62m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +181.50m NOK → +481.7k NOK (net margin 214953.5% → 40.0%). Calculated
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↓
Equity eroded
Book equity 2.38bn NOK → 2.22bn NOK (equity ratio 44.0% → 28.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.12× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 9.36m NOK → 53.18m NOK (11084% → 4415% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.24m NOK → 8.29m NOK (+0.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5.17bn NOK → 7.62bn NOK. Reported fact