FirmaIQ
Org.nr 982 904 420 2016 → 2017 Year-over-year analysis

NEXT BIOMETRICS GROUP ASA: årsregnskap 2017 vs 2016

Grew 1873% on revenue, fresh owner capital

approved 2018-05-15; registry 2018-06-13; journal 2018 463636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for NEXT BIOMETRICS GROUP ASA. Revenue 4.98m NOK → 98.16m NOK (+1872.7%). Equity 597.97m NOK → 747.93m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for NEXT BIOMETRICS GROUP ASA.

At a glance

Scorecard

Revenue
4.98m NOK 98.16m NOK
+1872.7%
Equity
597.97m NOK 747.93m NOK
+25.1%
Cash
100.33m NOK 70.08m NOK
-30.2%
Total assets
604.24m NOK 753.73m NOK
+24.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.98m NOK to 98.16m NOK (+1872.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 597.97m NOK → 747.93m NOK (equity ratio 99.0% → 99.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 597.97m NOK → 747.93m NOK (+149.96m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 100.33m NOK → 70.08m NOK (-30.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.59m NOK → 11.81m NOK (92% → 12% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 13.9k NOK → 104 NOK (-99.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 490.97m NOK → 676.68m NOK. Reported fact