Org.nr 988 384 135 2016 → 2017 Year-over-year analysis

KID ASA: årsregnskap 2017 vs 2016

Grew 106733% on revenue

approved 2018-05-08; registry 2018-06-05; journal 2018 403901

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for KID ASA. Revenue 1.29m NOK → 1.38bn NOK (+106732.7%). Equity 882.2k NOK → 916.7k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for KID ASA.

At a glance

Revenue

1.29m NOK 1.38bn NOK

+106732.7%

Operating result

n/m +179.69m NOK

—

Net result

n/m +141.32m NOK

—

Equity

882.2k NOK 916.7k NOK

+3.9%

Cash

213.2k NOK 111.73m NOK

+52312.3%

Total assets

1.53bn NOK 1.44bn NOK

-6.2%

↑
Revenue rose

Operating income / revenue moved from 1.29m NOK to 1.38bn NOK (+106732.7% YoY). Calculated
↑
Equity strengthened

Book equity 882.2k NOK → 916.7k NOK (equity ratio 0.1% → 0.1%). Calculated
↑
Cash rose

Bank deposits 213.2k NOK → 111.73m NOK (+52312.3% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.00× → 2.44×. Calculated
↑
Payroll decreased

Salary cost 7.90m NOK → 1 505 NOK (610% → 0% of revenue). Calculated

·
COGS fell

COGS / varekostnad 15.52m NOK → 14.55m NOK (-6.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.14bn NOK → 1.20bn NOK. Reported fact