2 FRISØRER AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-06-17; registry 2019-07-18; journal 2019 751873
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2 FRISØRER AS. Revenue 2.48m NOK → 2.52m NOK (+1.8%). Net result +59.7k NOK → +24.4k NOK. Equity 393.3k NOK → 368.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 2 FRISØRER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.48m NOK to 2.52m NOK (+1.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +67.9k NOK → +27.2k NOK (op. margin 2.7% → 1.1%). Calculated
-
↓
Net result weakened
Net result +59.7k NOK → +24.4k NOK (net margin 2.4% → 1.0%). Calculated
-
↓
Equity eroded
Book equity 393.3k NOK → 368.9k NOK (equity ratio 46.7% → 45.4%). Calculated
-
↓
Cash fell
Bank deposits 667.9k NOK → 591.2k NOK (-11.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.61m NOK → 2.79m NOK (65% → 110% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 437.4k NOK → 387.2k NOK (-11.5% YoY). Calculated