Org.nr 919 160 675 2016 → 2017 Year-over-year analysis

VÅR ENERGI ASA: årsregnskap 2017 vs 2016

Grew 14% on revenue

approved 2018-05-03; registry 2018-06-19; journal 2018 506139

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for VÅR ENERGI ASA. Revenue 13.86bn NOK → 15.79bn NOK (+13.9%). Equity 5.33bn NOK → 5.65bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for VÅR ENERGI ASA.

Scorecard

Revenue
13.86bn NOK 15.79bn NOK
+13.9%
Operating result
n/m +5.52bn NOK
—
Net result
n/m +1.34bn NOK
—
Equity
5.33bn NOK 5.65bn NOK
+6.0%
Cash
1.04m NOK 182.11m NOK
+17425.5%
Total assets
51.97bn NOK 49.03bn NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.86bn NOK to 15.79bn NOK (+13.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.33bn NOK → 5.65bn NOK (equity ratio 10.3% → 11.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.04m NOK → 182.11m NOK (+17425.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 754.42m NOK → 780.24m NOK (5% → 5% of revenue). Calculated