DAFO CONSULTING AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, slipped into loss
approved 2018-04-12; registry 2018-06-16; journal 2018 484580
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for DAFO CONSULTING AS. Revenue 297.1k NOK → 465 NOK (-99.8%). Net result +14.5k NOK → -73.6k NOK. Equity 20.7k NOK → -52.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for DAFO CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 7 111 NOK → 31.8k NOK (+346.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 297.1k NOK to 465 NOK (-99.8% YoY). Calculated
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↓
Operating result weakened
Operating result +26.2k NOK → -76.6k NOK (op. margin 8.8% → -16480.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 14.5k NOK profit to a loss of 73.6k NOK. Calculated
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↓
Equity eroded
Book equity 20.7k NOK → -52.9k NOK (equity ratio 3.7% → -7.8%). Calculated
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↓
COGS moved
COGS / varekostnad 12.4k NOK → 145.2k NOK (+1067.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 250.0k NOK → 353 NOK. Reported fact