FirmaIQ
Org.nr 887 009 392 2016 → 2017 Year-over-year analysis

A.HILDONEN BAKERI & KONDITORI AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-05-02; registry 2018-05-19; journal 2018 329042

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A.HILDONEN BAKERI & KONDITORI AS. Revenue 9.51m NOK → 9.18m NOK (-3.4%). Net result +92.35bn NOK → +241.3k NOK. Equity 173.1k NOK → -68.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.HILDONEN BAKERI & KONDITORI AS.

At a glance

Scorecard

Revenue
9.51m NOK 9.18m NOK
-3.4%
Operating result
+165.93bn NOK +150.9k NOK
-100.0%
Net result
+92.35bn NOK +241.3k NOK
-100.0%
Equity
173.1k NOK -68.1k NOK
-139.4%
Cash
885.4k NOK 677.5k NOK
-23.5%
Total assets
2.32m NOK 2.13m NOK
-8.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.47m NOK → 1.32m NOK (47% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.51m NOK to 9.18m NOK (-3.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +165.93bn NOK → +150.9k NOK (op. margin 1745476.0% → 1.6%). Calculated

  • ↓

    Net result weakened

    Net result +92.35bn NOK → +241.3k NOK (net margin 971397.2% → 2.6%). Calculated

  • ↓

    Equity eroded

    Book equity 173.1k NOK → -68.1k NOK (equity ratio 7.5% → -3.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 885.4k NOK → 677.5k NOK (-23.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation