FirmaIQ
Org.nr 988 013 811 2016 → 2017 Year-over-year analysis

MUTUS AS: årsregnskap 2017 vs 2016

Shrank 92% on revenue, weaker earnings

approved 2018-08-24; registry 2018-08-29; journal 2018 919951

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for MUTUS AS. Revenue 47.03m NOK → 3.92m NOK (-91.7%). Net result +46.12m NOK → +3.02m NOK. Equity 124.51m NOK → 124.48m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
47.03m NOK 3.92m NOK
-91.7%
Operating result
+46.39m NOK +2.89m NOK
-93.8%
Net result
+46.12m NOK +3.02m NOK
-93.5%
Equity
124.51m NOK 124.48m NOK
-0.0%
Cash
23.22m NOK 18.94m NOK
-18.4%
Total assets
130.06m NOK 124.69m NOK
-4.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 47.03m NOK to 3.92m NOK (-91.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +46.39m NOK → +2.89m NOK (op. margin 98.6% → 73.7%). Calculated

  • ↓

    Net result weakened

    Net result +46.12m NOK → +3.02m NOK (net margin 98.1% → 77.0%). Calculated

  • ↓

    Equity eroded

    Book equity 124.51m NOK → 124.48m NOK (equity ratio 95.7% → 99.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 23.22m NOK → 18.94m NOK (-18.4% YoY). Calculated