Bonheur ASA: årsregnskap 2017 vs 2016
Shrank 58% on revenue, cash halved-plus
approved 2018-05-30; registry 2018-06-20; journal 2018 511513
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for Bonheur ASA. Revenue 184.0k NOK → 77.0k NOK (-58.2%). Equity 4.62bn NOK → 6.01bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for Bonheur ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.62bn NOK → 6.01bn NOK (equity ratio 46.2% → 67.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 184.0k NOK to 77.0k NOK (-58.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 861.49m NOK → 2.79m NOK (-99.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 119.9k NOK → 112.12m NOK (65% → 145610% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (861.49m NOK → 2.79m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 789.91m NOK → 862.9k NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 195.6k NOK → 68.90m NOK. Reported fact