A1 VASK OG VEDLIKEHOLD AS: årsregnskap 2017 vs 2016
Grew 21% on revenue, slipped into loss
approved 2018-05-28; registry 2018-06-11; journal 2018 456843
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A1 VASK OG VEDLIKEHOLD AS. Revenue 158.4k NOK → 192.3k NOK (+21.4%). Net result +12.1k NOK → -27.0k NOK. Equity 51.3k NOK → 24.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A1 VASK OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 158.4k NOK to 192.3k NOK (+21.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +16.1k NOK → -27.0k NOK (op. margin 10.2% → -14.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 12.1k NOK profit to a loss of 27.0k NOK. Calculated
-
↓
Equity eroded
Book equity 51.3k NOK → 24.3k NOK (equity ratio 69.7% → 49.8%). Calculated
-
↓
Cash fell
Bank deposits 71.1k NOK → 41.3k NOK (-41.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 78.1k NOK → 1.13m NOK (49% → 586% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 23.4k NOK → 35.7k NOK (+52.4% YoY). Calculated