FirmaIQ
Org.nr 914 614 066 2016 → 2017 Year-over-year analysis

ABC DAGLIGVARER AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue, slipped into loss, cash halved-plus

approved 2018-05-15; registry 2018-07-19; journal 2018 722613

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABC DAGLIGVARER AS. Revenue 24.74m NOK → 20.34m NOK (-17.8%). Net result +105.1k NOK → -398.0k NOK. Equity 702.3k NOK → 304.3k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
24.74m NOK 20.34m NOK
-17.8%
Operating result
+151.2k NOK -489.3k NOK
-423.5%
Net result
+105.1k NOK -398.0k NOK
-478.5%
Equity
702.3k NOK 304.3k NOK
-56.7%
Cash
700.2k NOK 330.7k NOK
-52.8%
Total assets
2.44m NOK 2.08m NOK
-14.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.74m NOK to 20.34m NOK (-17.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +151.2k NOK → -489.3k NOK (op. margin 0.6% → -2.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 105.1k NOK profit to a loss of 398.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 702.3k NOK → 304.3k NOK (equity ratio 28.8% → 14.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 700.2k NOK → 330.7k NOK (-52.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.03m NOK → 15.72m NOK (-17.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 25.0k NOK → 31.0k NOK. Reported fact