Org.nr 917 811 288 2016 → 2017 Year-over-year analysis

FJORD DEFENCE GROUP ASA: årsregnskap 2017 vs 2016

Grew 84307% on revenue, fresh owner capital

approved 2018-04-24; registry 2018-06-21; journal 2018 528222

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for FJORD DEFENCE GROUP ASA. Revenue 2 950 NOK → 2.49m NOK (+84306.8%). Equity 71.35m NOK → 176.74m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for FJORD DEFENCE GROUP ASA.

Scorecard

Revenue
2 950 NOK 2.49m NOK
+84306.8%
Equity
71.35m NOK 176.74m NOK
+147.7%
Cash
56.9k NOK 28.16m NOK
+49366.9%
Total assets
72.48m NOK 316.64m NOK
+336.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 950 NOK to 2.49m NOK (+84306.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 71.35m NOK → 176.74m NOK (equity ratio 98.4% → 55.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 56.9k NOK → 28.16m NOK (+49366.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 73.2k NOK → 175.81m NOK (+175.74m NOK). Reported fact

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 45.0k NOK → 220.0k NOK (+388.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.7k NOK → 208.43m NOK. Reported fact