Org.nr 980 489 876 2016 → 2017 Year-over-year analysis

ULSTEIN GROUP ASA: årsregnskap 2017 vs 2016

Shrank 100% on revenue, stronger earnings

approved 2017-12-31; registry 2018-08-16; journal 2018 912817

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ULSTEIN GROUP ASA. Revenue 14.85bn NOK → 14 NOK (-100.0%). Net result -465.46m NOK → -274.71m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened.

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

Scorecard

Revenue
14.85bn NOK 14 NOK
-100.0%
Operating result
-10.34m NOK -17.26m NOK
-66.8%
Net result
-465.46m NOK -274.71m NOK
+41.0%

What improved

  • ↑

    Net result improved

    Net result -465.46m NOK → -274.71m NOK (net margin -3.1% → -1962242857.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.85bn NOK to 14 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -10.34m NOK → -17.26m NOK (op. margin -0.1% → -123264285.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 997.69m NOK → 741.72m NOK. Reported fact