FirmaIQ
Org.nr 812 467 182 2016 → 2017 Year-over-year analysis

&MORE AS: årsregnskap 2017 vs 2016

Shrank 53% on revenue, weaker earnings, fresh owner capital

approved 2018-03-21; registry 2018-04-09; journal 2018 254025

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for &MORE AS. Revenue 3.77m NOK → 1.79m NOK (-52.5%). Net result +385.19bn NOK → 0 NOK. Equity 31.0k NOK → 31.0k NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for &MORE AS.

At a glance

Scorecard

Revenue
3.77m NOK 1.79m NOK
-52.5%
Net result
+385.19bn NOK 0 NOK
-100.0%
Equity
31.0k NOK 31.0k NOK
0.0%
Cash
759.7k NOK 719.4k NOK
-5.3%
Total assets
142.9k NOK 725.1k NOK
+407.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 25.3k NOK → 31.0k NOK (+5 666 NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 2.90m NOK → 1.15m NOK (77% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.77m NOK to 1.79m NOK (-52.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +385.19bn NOK → 0 NOK (net margin 10203992.9% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 759.7k NOK → 719.4k NOK (-5.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation