Org.nr 989 958 364 2016 → 2017 Year-over-year analysis

60 GRADER NORD KIROPRAKTIKK AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-05-27; registry 2018-06-05; journal 2018 404489

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 60 GRADER NORD KIROPRAKTIKK AS. Revenue 7.11m NOK → 7.24m NOK (+1.8%). Net result +145.0k NOK → +66.1k NOK. Equity 210.3k NOK → 276.4k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 60 GRADER NORD KIROPRAKTIKK AS.

Scorecard

Revenue
7.11m NOK 7.24m NOK
+1.8%
Operating result
+222.2k NOK +112.9k NOK
-49.2%
Net result
+145.0k NOK +66.1k NOK
-54.4%
Equity
210.3k NOK 276.4k NOK
+31.4%
Cash
425.6k NOK 370.2k NOK
-13.0%
Total assets
1.15m NOK 883.7k NOK
-23.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.11m NOK to 7.24m NOK (+1.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 210.3k NOK → 276.4k NOK (equity ratio 18.3% → 31.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +222.2k NOK → +112.9k NOK (op. margin 3.1% → 1.6%). Calculated

  • ↓

    Net result weakened

    Net result +145.0k NOK → +66.1k NOK (net margin 2.0% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 425.6k NOK → 370.2k NOK (-13.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 487.3k NOK → 506.3k NOK (7% → 7% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.53m NOK → 4.80m NOK (+6.1% YoY). Calculated