A. CHRISTOFFERSEN AS: årsregnskap 2017 vs 2016
Shrank 16% on revenue
approved 2018-06-30; registry 2018-07-24; journal 2018 776486
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. CHRISTOFFERSEN AS. Revenue 732.8k NOK → 612.2k NOK (-16.5%). Net result +15.0k NOK → +14.5k NOK. Equity 125.7k NOK → 140.2k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. CHRISTOFFERSEN AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +16.6k NOK → +19.5k NOK (op. margin 2.3% → 3.2%). Calculated
-
↑
Equity strengthened
Book equity 125.7k NOK → 140.2k NOK (equity ratio 46.1% → 56.4%). Calculated
-
↑
Cash rose
Bank deposits 130.6k NOK → 138.5k NOK (+6.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.89× → 1.98×. Calculated
-
↑
Payroll decreased
Salary cost 521.6k NOK → 440.9k NOK (71% → 72% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 732.8k NOK to 612.2k NOK (-16.5% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 24.3k NOK → 3 077 NOK (-87.4% YoY). Calculated