A BIRKELAND TRAPPESNEKKERI AS: årsregnskap 2017 vs 2016
Shrank 28% on revenue
approved 2018-04-22; registry 2018-06-28; journal 2018 594186
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A BIRKELAND TRAPPESNEKKERI AS. Revenue 1.50m NOK → 1.08m NOK (-27.8%). Equity 560.6k NOK → 365.6k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A BIRKELAND TRAPPESNEKKERI AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +241.2k NOK → +247.1k NOK (op. margin 16.1% → 22.8%). Calculated
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↑
Cash rose
Bank deposits 189.9k NOK → 389.7k NOK (+105.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 832.9k NOK → 2 NOK (56% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.50m NOK to 1.08m NOK (-27.8% YoY). Calculated
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↓
Equity eroded
Book equity 560.6k NOK → 365.6k NOK (equity ratio 51.9% → 33.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 417.7k NOK → 171.9k NOK (-58.8% YoY). Calculated