Org.nr 913 011 384 2016 → 2017 Year-over-year analysis

GOLDEN ENERGY OFFSHORE SERVICES ASA: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-05-23; registry 2018-06-20; journal 2018 519597

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for GOLDEN ENERGY OFFSHORE SERVICES ASA. Revenue 89.47m NOK → 86.84m NOK (-2.9%). Equity 71.31m NOK → 73.53m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
89.47m NOK 86.84m NOK
-2.9%
Operating result
+55.1k NOK +52.2k NOK
-5.3%
Equity
71.31m NOK 73.53m NOK
+3.1%
Cash
6.55m NOK 35.27m NOK
+438.5%
Total assets
293.81m NOK 294.52m NOK
+0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 71.31m NOK → 73.53m NOK (equity ratio 24.3% → 25.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.55m NOK → 35.27m NOK (+438.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 89.47m NOK to 86.84m NOK (-2.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +55.1k NOK → +52.2k NOK (op. margin 0.1% → 0.1%). Calculated