A. BAKKE TRANSPORT AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-05-30; registry 2018-06-06; journal 2018 422374
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. BAKKE TRANSPORT AS. Revenue 4.64m NOK → 4.45m NOK (-4.1%). Net result +536.7k NOK → +373.7k NOK. Equity 1 152 NOK → 1.53m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1 152 NOK → 1.53m NOK (equity ratio 0.0% → 52.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.64m NOK to 4.45m NOK (-4.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +729.3k NOK → +516.6k NOK (op. margin 15.7% → 11.6%). Calculated
-
↓
Net result weakened
Net result +536.7k NOK → +373.7k NOK (net margin 11.6% → 8.4%). Calculated
-
↓
Cash fell
Bank deposits 459.7k NOK → 37.2k NOK (-91.9% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 381.5k NOK → 386.9k NOK (+1.4% YoY). Calculated