Org.nr 993 011 126 2016 → 2017 Year-over-year analysis

A. BØRRESEN EIENDOM AS: årsregnskap 2017 vs 2016

Shrank 23% on revenue

approved 2018-02-15; registry 2018-03-15; journal 2018 233358

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A. BØRRESEN EIENDOM AS. Revenue 2.10m NOK → 1.61m NOK (-23.4%). Equity 2.11m NOK → 1.97m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. BØRRESEN EIENDOM AS.

At a glance

Revenue

2.10m NOK 1.61m NOK

-23.4%

Operating result

+30.7k NOK n/m

—

Equity

2.11m NOK 1.97m NOK

-6.9%

Cash

755.4k NOK 491.2k NOK

-35.0%

Total assets

7.11m NOK 6.83m NOK

-3.9%

↑
Payroll decreased

Salary cost 858.7k NOK → 736.9k NOK (41% → 46% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.10m NOK to 1.61m NOK (-23.4% YoY). Calculated
↓
Equity eroded

Book equity 2.11m NOK → 1.97m NOK (equity ratio 29.7% → 28.8%). Calculated
↓
Cash fell

Bank deposits 755.4k NOK → 491.2k NOK (-35.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 555.9k NOK → 235.1k NOK (-57.7% YoY). Calculated