A. KELLNERS BLOMSTER AS: årsregnskap 2018 vs 2017
Returned to profit, cash halved-plus
approved 2019-05-20; registry 2019-06-08; journal 2019 391910
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. KELLNERS BLOMSTER AS. Revenue 3.87m NOK → 3.84m NOK (-0.9%). Net result -295.3k NOK → +159.9k NOK. Equity -190.3k NOK → -30.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. KELLNERS BLOMSTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -283.2k NOK → +187.2k NOK (op. margin -7.3% → 4.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 295.3k NOK to a profit of 159.9k NOK. Calculated
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↑
Equity strengthened
Book equity -190.3k NOK → -30.4k NOK (equity ratio -20.2% → -16.1%). Calculated
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↑
Payroll decreased
Salary cost 3.43m NOK → 1.17m NOK (88% → 31% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.87m NOK to 3.84m NOK (-0.9% YoY). Calculated
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↓
Cash fell
Bank deposits 79.1k NOK → 34.6k NOK (-56.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.36m NOK → 276.2k NOK (-79.6% YoY). Calculated