Org.nr 992 408 766 2016 → 2017 Year-over-year analysis

2 FRISØRER AS: årsregnskap 2017 vs 2016

Grew 14% on revenue, stronger earnings

approved 2018-06-30; registry 2018-08-02; journal 2018 852617

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 2 FRISØRER AS. Revenue 2.18m NOK → 2.48m NOK (+13.7%). Net result +39.5k NOK → +59.7k NOK. Equity 333.6k NOK → 393.3k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 FRISØRER AS.

Scorecard

Revenue
2.18m NOK 2.48m NOK
+13.7%
Operating result
+35.10m NOK +67.9k NOK
-99.8%
Net result
+39.5k NOK +59.7k NOK
+51.3%
Equity
333.6k NOK 393.3k NOK
+17.9%
Cash
455.6k NOK 667.9k NOK
+46.6%
Total assets
682.7k NOK 842.1k NOK
+23.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.18m NOK to 2.48m NOK (+13.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +39.5k NOK → +59.7k NOK (net margin 1.8% → 2.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 333.6k NOK → 393.3k NOK (equity ratio 48.9% → 46.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 455.6k NOK → 667.9k NOK (+46.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +35.10m NOK → +67.9k NOK (op. margin 1610.7% → 2.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.55m NOK → 1.61m NOK (71% → 65% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 324.7k NOK → 437.4k NOK (+34.7% YoY). Calculated