Org.nr 910 253 158 2016 → 2017 Year-over-year analysis

MULTICONSULT ASA: årsregnskap 2017 vs 2016

Shrank 97% on revenue, weaker earnings, fresh owner capital

approved 2018-04-11; registry 2018-05-09; journal 2018 305364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for MULTICONSULT ASA. Revenue 2.49bn NOK → 79.28m NOK (-96.8%). Net result +213.77m NOK → +79.53m NOK. Equity 407.4k NOK → 434.8k NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for MULTICONSULT ASA.

Scorecard

Revenue
2.49bn NOK 79.28m NOK
-96.8%
Net result
+213.77m NOK +79.53m NOK
-62.8%
Equity
407.4k NOK 434.8k NOK
+6.7%
Cash
75.52m NOK 154.29m NOK
+104.3%
Total assets
1.15bn NOK 900.87m NOK
-21.6%

What improved

  • ↑

    Equity strengthened

    Book equity 407.4k NOK → 434.8k NOK (equity ratio 0.0% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.52m NOK → 154.29m NOK (+104.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 26.44m NOK → 91.24m NOK (+64.80m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.49bn NOK to 79.28m NOK (-96.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +213.77m NOK → +79.53m NOK (net margin 8.6% → 100.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.04× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 345.4k NOK → 1.23m NOK (+255.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 18.5k NOK → 836.6k NOK. Reported fact