Org.nr 997 639 588 2016 → 2017 Year-over-year analysis

EUROPRIS ASA: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-05-23; registry 2018-06-12; journal 2018 460826

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for EUROPRIS ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result +365.10m NOK → +389.80m NOK. Equity 1.20bn NOK → 1.22bn NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell; payroll up without matching revenue.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for EUROPRIS ASA.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-4.90m NOK -3.68m NOK
+24.9%
Net result
+365.10m NOK +389.80m NOK
+6.8%
Equity
1.20bn NOK 1.22bn NOK
+1.3%
Cash
37.3k NOK 872 NOK
-97.7%
Total assets
1.21bn NOK 1.22bn NOK
+1.0%

What improved

  • ↑

    Operating result improved

    Operating result -4.90m NOK → -3.68m NOK. Calculated

  • ↑

    Net result improved

    Net result +365.10m NOK → +389.80m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.20bn NOK → 1.22bn NOK (equity ratio 99.7% → 99.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 37.3k NOK → 872 NOK (-97.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 161 NOK → 2.04m NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 836.41m NOK → 502.47m NOK — check capital reduction, conversion, or reclassification. Interpretation