Org.nr 912 305 198 2016 → 2017 Year-over-year analysis

HYDROGENPRO ASA: årsregnskap 2017 vs 2016

Grew 419% on revenue

approved 2018-05-29; registry 2018-06-06; journal 2018 414960

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for HYDROGENPRO ASA. Revenue 104.8k NOK → 543.9k NOK (+418.8%). Equity -1.12m NOK → -5.39m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for HYDROGENPRO ASA.

Scorecard

Revenue
104.8k NOK 543.9k NOK
+418.8%
Operating result
n/m -4.24m NOK
—
Equity
-1.12m NOK -5.39m NOK
-381.7%
Cash
342.6k NOK 209.0k NOK
-39.0%
Total assets
389.2k NOK 2.33m NOK
+499.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 104.8k NOK to 543.9k NOK (+418.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.12m NOK → -5.39m NOK (equity ratio -287.3% → -231.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 342.6k NOK → 209.0k NOK (-39.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.25 → 3. Reported fact