Org.nr 913 214 439 2016 → 2017 Year-over-year analysis

A JOHANSEN AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-06-28; registry 2018-07-10; journal 2018 663280

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A JOHANSEN AS. Revenue 27.42m NOK → 26.65m NOK (-2.8%). Equity 11.09m NOK → 8.69m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A JOHANSEN AS.

At a glance

Revenue

27.42m NOK 26.65m NOK

-2.8%

Operating result

n/m -2.49m NOK

—

Net result

n/m -1.90m NOK

—

Equity

11.09m NOK 8.69m NOK

-21.7%

Cash

156.6k NOK 2.13m NOK

+1256.9%

Total assets

22.21m NOK 20.44m NOK

-8.0%

↓
Revenue fell

Operating income / revenue moved from 27.42m NOK to 26.65m NOK (-2.8% YoY). Calculated
↓
Equity eroded

Book equity 11.09m NOK → 8.69m NOK (equity ratio 49.9% → 42.5%). Calculated
↓
Payroll up without matching revenue

Salary cost 7.06m NOK → 7.33m NOK (26% → 28% of revenue). Calculated

·
COGS fell

COGS / varekostnad 15.74m NOK → 15.16m NOK (-3.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 306.7k NOK → 346.7k NOK. Reported fact