VOIM ASA: årsregnskap 2017 vs 2016
Shrank 13% on revenue, stronger earnings
approved 2018-06-08; registry 2018-07-31; journal 2018 834243
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for VOIM ASA. Revenue 319.34m NOK → 277.96m NOK (-13.0%). Net result -447.04m NOK → -172.48m NOK. Equity 586.25m NOK → 563.45m NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for VOIM ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -447.04m NOK → -172.48m NOK (net margin -140.0% → -62.1%). Calculated
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Cash rose
Bank deposits 52.38m NOK → 117.24m NOK (+123.8% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1.32bn NOK → 1.47bn NOK (+141.74m NOK). Reported fact
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Payroll decreased
Salary cost 6.19m NOK → 6.13m NOK (2% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 319.34m NOK to 277.96m NOK (-13.0% YoY). Calculated
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Equity eroded
Book equity 586.25m NOK → 563.45m NOK (equity ratio 47.0% → 48.5%). Calculated
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COGS moved
COGS / varekostnad 4.13m NOK → 73.49m NOK (+1678.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 24 NOK → 1.44m NOK. Reported fact