A. BÅTSERVICE AS: årsregnskap 2017 vs 2016
Shrank 65% on revenue, weaker earnings, cash halved-plus
approved 2018-04-26; registry 2018-06-06; journal 2018 416280
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. BÅTSERVICE AS. Revenue 1.36m NOK → 476.5k NOK (-64.9%). Net result +34.5k NOK → +11 NOK. Equity 92.3k NOK → 42.8k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +37.0k NOK → +48.4k NOK (op. margin 2.7% → 10.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.36m NOK to 476.5k NOK (-64.9% YoY). Calculated
-
↓
Net result weakened
Net result +34.5k NOK → +11 NOK (net margin 2.5% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 92.3k NOK → 42.8k NOK (equity ratio 18.2% → 13.7%). Calculated
-
↓
Cash fell
Bank deposits 189.9k NOK → 77.9k NOK (-59.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 12 NOK → 3.41m NOK (0% → 716% of revenue). Calculated