SENTIA ASA: årsregnskap 2017 vs 2016
Shrank 10% on revenue, returned to profit
approved 2018-06-12; registry 2018-07-16; journal 2018 678311
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for SENTIA ASA. Revenue 7.83bn NOK → 7.03bn NOK (-10.2%). Net result -28.57m NOK → +176.4k NOK. Equity 202.96m NOK → 195.89m NOK.
On the constructive side: turned profitable; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for SENTIA ASA.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 28.57m NOK to a profit of 176.4k NOK. Calculated
-
↑
Cash rose
Bank deposits 41.47m NOK → 41.71m NOK (+0.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 684.88m NOK → 22.78m NOK (9% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.83bn NOK to 7.03bn NOK (-10.2% YoY). Calculated
-
↓
Equity eroded
Book equity 202.96m NOK → 195.89m NOK (equity ratio 74.6% → 71.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.82bn NOK → 5.89bn NOK (-13.5% YoY). Calculated