Org.nr 983 218 180 2016 → 2017 Year-over-year analysis

MAGNORA ASA: årsregnskap 2017 vs 2016

Grew 375% on revenue, fresh owner capital

approved 2018-04-23; registry 2018-06-04; journal 2018 398013

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for MAGNORA ASA. Revenue 12.00m NOK → 57.00m NOK (+375.0%). Equity 26.00m NOK → 210.00m NOK.

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

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

Scorecard

Revenue
12.00m NOK 57.00m NOK
+375.0%
Equity
26.00m NOK 210.00m NOK
+707.7%
Cash
23.00m NOK 182.00m NOK
+691.3%
Total assets
36.00m NOK 241.00m NOK
+569.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.00m NOK to 57.00m NOK (+375.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 26.00m NOK → 210.00m NOK (equity ratio 72.2% → 87.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 23.00m NOK → 182.00m NOK (+691.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 56.00m NOK → 210.00m NOK (+154.00m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 11.00m NOK → 50.00m NOK (92% → 88% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.00m NOK → 41.00m NOK. Reported fact