ABC CLAUSEN AS: årsregnskap 2017 vs 2016
Shrank 6% on revenue, returned to profit
approved 2018-06-27; registry 2018-08-01; journal 2018 840737
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC CLAUSEN AS. Revenue 8.83m NOK → 8.33m NOK (-5.6%). Net result -98.5k NOK → +288.6k NOK. Equity 69.8k NOK → 358.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC CLAUSEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +2 404 NOK → +505.9k NOK (op. margin 0.0% → 6.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 98.5k NOK to a profit of 288.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 69.8k NOK → 358.3k NOK (equity ratio 7.3% → 79.5%). Calculated
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↑
Cash rose
Bank deposits 213.7k NOK → 304.5k NOK (+42.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.13m NOK → 1.49m NOK (24% → 18% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.83m NOK to 8.33m NOK (-5.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.69m NOK → 5.30m NOK (-6.8% YoY). Calculated