STRONGPOINT ASA: årsregnskap 2017 vs 2016
Grew 7% on revenue, weaker earnings
approved 2018-04-24; registry 2018-05-08; journal 2018 301811
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for STRONGPOINT ASA. Revenue 9.96m NOK → 10.61m NOK (+6.5%). Net result +74.20m NOK → +10.04m NOK. Equity 208.23m NOK → 227.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for STRONGPOINT ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9.96m NOK to 10.61m NOK (+6.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 10.56m NOK → 10.38m NOK (106% → 98% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +74.20m NOK → +10.04m NOK (net margin 745.0% → 94.6%). Calculated
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↓
Equity eroded
Book equity 208.23m NOK → 227.0k NOK (equity ratio 52715.1% → 50.0%). Calculated
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↓
Cash fell
Bank deposits 67.09m NOK → 41.50m NOK (-38.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 27.45m NOK → 227.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 12.57m NOK → 12.47m NOK (-0.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 351.13m NOK → 2.18m NOK. Reported fact