VEND MARKETPLACES ASA: årsregnskap 2017 vs 2016
Grew 225% on revenue, cash halved-plus, fresh owner capital
approved 2018-05-03; registry 2018-06-02; journal 2018 381286
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for VEND MARKETPLACES ASA. Revenue 48.00m NOK → 156.00m NOK (+225.0%). Equity 14.61bn NOK → 16.22bn NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 48.00m NOK to 156.00m NOK (+225.0% YoY). Calculated
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Operating result improved
Operating result -261.00m NOK → -237.00m NOK (op. margin -543.8% → -151.9%). Calculated
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Equity strengthened
Book equity 14.61bn NOK → 16.22bn NOK (equity ratio 53.0% → 53.5%). Calculated
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↑
Owners injected capital
Paid-in equity rose 4.29bn NOK → 6.81bn NOK (+2.52bn NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 357.00m NOK → 1.13m NOK (-99.7% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (357.00m NOK → 1.13m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 4.14m NOK → 4.15m NOK (9% → 3% of revenue). Calculated
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COGS fell
COGS / varekostnad 500.00m NOK → 432.00m NOK (-13.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 26.64bn NOK → 28.07bn NOK. Reported fact