FirmaIQ
Org.nr 992 587 776 2016 → 2017 Year-over-year analysis

SELVAAG BOLIG ASA: årsregnskap 2017 vs 2016

Shrank 68% on revenue, stronger earnings

approved 2018-05-02; registry 2018-07-19; journal 2018 736771

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for SELVAAG BOLIG ASA. Revenue 179.35m NOK → 57.56m NOK (-67.9%). Net result +300.9k NOK → +401.1k NOK. Equity 2.67bn NOK → 2.75bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for SELVAAG BOLIG ASA.

At a glance

Scorecard

Revenue
179.35m NOK 57.56m NOK
-67.9%
Operating result
+393.90m NOK n/m
—
Net result
+300.9k NOK +401.1k NOK
+33.3%
Equity
2.67bn NOK 2.75bn NOK
+3.0%
Cash
264.0k NOK 29.86m NOK
+11212.1%
Total assets
4.48bn NOK 4.62bn NOK
+3.2%

What improved

  • ↑

    Net result improved

    Net result +300.9k NOK → +401.1k NOK (net margin 0.2% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.67bn NOK → 2.75bn NOK (equity ratio 59.5% → 59.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 264.0k NOK → 29.86m NOK (+11212.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.67bn NOK → 2.75bn NOK (+80.52m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 10.12bn NOK → 10.16m NOK (5642% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 179.35m NOK to 57.56m NOK (-67.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.51m NOK → 7.72m NOK (+120.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.60bn NOK → 3.66bn NOK. Reported fact