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Org.nr 976 328 159 2017 → 2018 Year-over-year analysis

AB DENTALSERVICE AS: årsregnskap 2018 vs 2017

Shrank 16% on revenue, slipped into loss

approved 2019-05-24; registry 2019-06-19; journal 2019 472677

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AB DENTALSERVICE AS. Revenue 3.04m NOK → 2.54m NOK (-16.5%). Net result +191.9k NOK → -56.7k NOK. Equity 1.40m NOK → 1.35m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB DENTALSERVICE AS.

At a glance

Scorecard

Revenue
3.04m NOK 2.54m NOK
-16.5%
Operating result
n/m -74.4k NOK
—
Net result
+191.9k NOK -56.7k NOK
-129.5%
Equity
1.40m NOK 1.35m NOK
-4.0%
Cash
815.4k NOK 693.3k NOK
-15.0%
Total assets
1.80m NOK 2.23m NOK
+24.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.04m NOK to 2.54m NOK (-16.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 191.9k NOK profit to a loss of 56.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.40m NOK → 1.35m NOK (equity ratio 78.1% → 60.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 815.4k NOK → 693.3k NOK (-15.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.19m NOK → 8.43m NOK (270% → 333% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 863.1k NOK → 487.6k NOK (-43.5% YoY). Calculated