Org.nr 996 739 848 2016 → 2017 Year-over-year analysis

SATS ASA: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-03-15; registry 2018-07-16; journal 2018 691828

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for SATS ASA. Revenue 3.11bn NOK → 3.25bn NOK (+4.5%). Equity 1.63bn NOK → 1.70bn NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Revenue

3.11bn NOK 3.25bn NOK

+4.5%

Operating result

+156.0k NOK +323.29m NOK

+207157.0%

Net result

-75.05m NOK n/m

—

Equity

1.63bn NOK 1.70bn NOK

+4.1%

Cash

124.05m NOK 84.11m NOK

-32.2%

Total assets

2.50bn NOK 3.79bn NOK

+51.7%

↑
Revenue rose

Operating income / revenue moved from 3.11bn NOK to 3.25bn NOK (+4.5% YoY). Calculated
↑
Operating result improved

Operating result +156.0k NOK → +323.29m NOK (op. margin 0.0% → 9.9%). Calculated
↑
Equity strengthened

Book equity 1.63bn NOK → 1.70bn NOK (equity ratio 65.4% → 44.9%). Calculated
↑
Owners injected capital

Paid-in equity rose 1.63bn NOK → 1.70bn NOK (+66.73m NOK). Reported fact
↑
Payroll decreased

Salary cost 5.24m NOK → 3.24m NOK (0% → 0% of revenue). Calculated

·
COGS moved

COGS / varekostnad 60.19m NOK → 69.72m NOK (+15.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 2.44bn NOK → 3.57bn NOK. Reported fact