FirmaIQ
Org.nr 988 598 976 2016 → 2017 Year-over-year analysis

FRED. OLSEN WINDCARRIER ASA: årsregnskap 2017 vs 2016

Grew 72% on revenue

approved 2018-06-29; registry 2018-07-18; journal 2018 711468

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for FRED. OLSEN WINDCARRIER ASA. Revenue 6.36m NOK → 10.92m NOK (+71.7%). Equity 60.82m NOK → 57.32m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for FRED. OLSEN WINDCARRIER ASA.

At a glance

Scorecard

Revenue
6.36m NOK 10.92m NOK
+71.7%
Equity
60.82m NOK 57.32m NOK
-5.8%
Cash
2.57m NOK 2.54m NOK
-1.4%
Total assets
125.10m NOK 119.67m NOK
-4.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.36m NOK to 10.92m NOK (+71.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 60.82m NOK → 57.32m NOK (equity ratio 48.6% → 47.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.57m NOK → 2.54m NOK (-1.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.84m NOK → 6.85m NOK (45% → 63% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 75.96m NOK → 110.72m NOK. Reported fact