A. JENSEN BLOMSTER AS: årsregnskap 2017 vs 2016
Shrank 8% on revenue, slipped into loss
approved 2018-04-19; registry 2018-07-05; journal 2018 630019
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. JENSEN BLOMSTER AS. Revenue 4.10m NOK → 3.76m NOK (-8.3%). Net result +148.1k NOK → -110.7k NOK. Equity 99.2k NOK → -11.5k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. JENSEN BLOMSTER AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.80× → 42.24×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.10m NOK to 3.76m NOK (-8.3% YoY). Calculated
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↓
Operating result weakened
Operating result +171.4k NOK → -107.6k NOK (op. margin 4.2% → -2.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 148.1k NOK profit to a loss of 110.7k NOK. Calculated
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↓
Equity eroded
Book equity 99.2k NOK → -11.5k NOK (equity ratio 8362.8% → -1.0%). Calculated
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↓
Cash fell
Bank deposits 285.3k NOK → 271.0k NOK (-5.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.06m NOK → 1.90m NOK (-7.8% YoY). Calculated