Org.nr 998 548 217 2016 → 2017 Year-over-year analysis

NOREXECO ASA: årsregnskap 2017 vs 2016

Grew 315962% on revenue, fresh owner capital

approved 2018-05-31; registry 2018-07-19; journal 2018 734489

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for NOREXECO ASA. Revenue 1 133 NOK → 3.58m NOK (+315962.2%).

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

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

Scorecard

Revenue
1 133 NOK 3.58m NOK
+315962.2%
Equity
19.85m NOK n/m
—
Cash
13.68m NOK 11.66m NOK
-14.8%
Total assets
30.91m NOK 13.71m NOK
-55.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 133 NOK to 3.58m NOK (+315962.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 54.37m NOK → 69.92m NOK (+15.56m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 13.68m NOK → 11.66m NOK (-14.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.87m NOK → 9.78m NOK (694536% → 273% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 80.0k NOK → 70.9k NOK. Reported fact