Org.nr 916 069 308 2016 → 2017 Year-over-year analysis

BERGSJO AS: årsregnskap 2017 vs 2016

Shrank 94% on revenue, cash halved-plus

approved 2018-06-30; registry 2018-07-19; journal 2018 731745

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for BERGSJO AS. Revenue 130.0k NOK → 8 000 NOK (-93.8%). Equity 69.6k NOK → -370.8k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for BERGSJO AS.

Scorecard

Revenue
130.0k NOK 8 000 NOK
-93.8%
Operating result
n/m +240.1k NOK
—
Net result
n/m +440.4k NOK
—
Equity
69.6k NOK -370.8k NOK
-632.6%
Cash
56.6k NOK 16.7k NOK
-70.6%
Total assets
372.9k NOK 695.1k NOK
+86.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 2 210 NOK → -14.9k NOK (2% → -186% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 130.0k NOK to 8 000 NOK (-93.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 69.6k NOK → -370.8k NOK (equity ratio 18.7% → -53.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 56.6k NOK → 16.7k NOK (-70.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -53.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 209 NOK → 482.5k NOK. Reported fact