A&B RENHOLD AS: årsregnskap 2017 vs 2016
Grew 156% on revenue, weaker earnings
approved 2018-05-31; registry 2018-06-25; journal 2018 541370
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A&B RENHOLD AS. Revenue 209.3k NOK → 536.5k NOK (+156.3%). Net result +209.3k NOK → +5 237 NOK. Equity 27.2k NOK → 22.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A&B RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 209.3k NOK to 536.5k NOK (+156.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9 586 NOK → +769 NOK (op. margin 4.6% → 0.1%). Calculated
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↓
Net result weakened
Net result +209.3k NOK → +5 237 NOK (net margin 100.0% → 1.0%). Calculated
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↓
Equity eroded
Book equity 27.2k NOK → 22.0k NOK (equity ratio 10.0% → 4.1%). Calculated
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↓
Cash fell
Bank deposits 82.4k NOK → 61.8k NOK (-25.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 170 NOK → 1.31m NOK (1% → 244% of revenue). Calculated