Org.nr 915 515 789 2016 → 2017 Year-over-year analysis

STRANDA GJENVINNING & TRANSPORT AS: årsregnskap 2017 vs 2016

Grew 24% on revenue

approved 2018-06-19; registry 2018-06-23; journal 2018 533272

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for STRANDA GJENVINNING & TRANSPORT AS. Revenue 16.65m NOK → 20.67m NOK (+24.1%). Equity 11 NOK → 1.30m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for STRANDA GJENVINNING & TRANSPORT AS.

At a glance

Revenue

16.65m NOK 20.67m NOK

+24.1%

Operating result

n/m +2.86m NOK

—

Net result

n/m +2.13m NOK

—

Equity

11 NOK 1.30m NOK

+11858445.5%

Cash

2.50m NOK 3.27m NOK

+31.0%

Total assets

10.80m NOK 11.59m NOK

+7.3%

↑
Revenue rose

Operating income / revenue moved from 16.65m NOK to 20.67m NOK (+24.1% YoY). Calculated
↑
Equity strengthened

Book equity 11 NOK → 1.30m NOK (equity ratio 0.0% → 11.3%). Calculated
↑
Cash rose

Bank deposits 2.50m NOK → 3.27m NOK (+31.0% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 2.93× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 4.73m NOK → 5.21m NOK (28% → 25% of revenue). Calculated
·
COGS moved

COGS / varekostnad 5.59m NOK → 7.19m NOK (+28.5% YoY). Calculated