Org.nr 999 642 381 2016 → 2017 Year-over-year analysis

NORDIC UNMANNED ASA: årsregnskap 2017 vs 2016

Grew 148% on revenue, fresh owner capital

approved 2018-06-11; registry 2018-07-11; journal 2018 664338

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for NORDIC UNMANNED ASA. Revenue 4.46m NOK → 11.05m NOK (+147.6%). Net result -11.48m NOK → -9.84m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
4.46m NOK 11.05m NOK
+147.6%
Operating result
-11.39m NOK -6.97m NOK
+38.8%
Net result
-11.48m NOK -9.84m NOK
+14.3%
Equity
2.06m NOK n/m
—
Cash
77.5k NOK 100.8k NOK
+30.1%
Total assets
8.69m NOK 17.55m NOK
+102.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.46m NOK to 11.05m NOK (+147.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -11.39m NOK → -6.97m NOK (op. margin -255.1% → -63.0%). Calculated

  • ↑

    Net result improved

    Net result -11.48m NOK → -9.84m NOK (net margin -257.3% → -89.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 77.5k NOK → 100.8k NOK (+30.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.77× → 2.00×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.94m NOK → 8.12m NOK (88% → 73% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.99m NOK → 3.37m NOK (+13.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 52.5k NOK → 1.25m NOK. Reported fact