NUSSIR ASA: årsregnskap 2017 vs 2016
Shrank 73% on revenue, cash halved-plus
approved 2018-03-20; registry 2018-06-06; journal 2018 416744
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for NUSSIR ASA. Revenue 2.57m NOK → 688.9k NOK (-73.2%). Equity 22.14m NOK → 17.89m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for NUSSIR ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -18.18m NOK → -16.26m NOK (op. margin -708.5% → -2361.0%). Calculated
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↑
Payroll decreased
Salary cost 633.1k NOK → 463.1k NOK (25% → 67% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.57m NOK to 688.9k NOK (-73.2% YoY). Calculated
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↓
Equity eroded
Book equity 22.14m NOK → 17.89m NOK (equity ratio 97.9% → 99.8%). Calculated
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↓
Cash fell
Bank deposits 5.80m NOK → 2.55m NOK (-56.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 22.14m NOK → 17.89m NOK — check capital reduction, conversion, or reclassification. Interpretation