Org.nr 916 716 648 2016 → 2017 Year-over-year analysis

GRUNDR AS: årsregnskap 2017 vs 2016

Grew 62782% on revenue, returned to profit, fresh owner capital

approved 2018-05-08; registry 2018-06-07; journal 2018 427348

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for GRUNDR AS. Revenue 1 257 NOK → 790.4k NOK (+62781.5%). Net result -10.4k NOK → +7.14m NOK. Equity 14.0k NOK → 7.16m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for GRUNDR AS.

Scorecard

Revenue
1 257 NOK 790.4k NOK
+62781.5%
Operating result
n/m +178.7k NOK
—
Net result
-10.4k NOK +7.14m NOK
+68824.9%
Equity
14.0k NOK 7.16m NOK
+51146.2%
Cash
110.3k NOK 168.9k NOK
+53.1%
Total assets
218.1k NOK 269.1k NOK
+23.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 257 NOK to 790.4k NOK (+62781.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 10.4k NOK to a profit of 7.14m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 14.0k NOK → 7.16m NOK (equity ratio 6.4% → 2660.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 110.3k NOK → 168.9k NOK (+53.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 645 NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 5 242 NOK → 259.4k NOK (417% → 33% of revenue). Calculated