ABC ENTREPRENØR AS: årsregnskap 2017 vs 2016
Shrank 35% on revenue
approved 2018-06-30; registry 2018-08-06; journal 2018 861605
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC ENTREPRENØR AS. Revenue 42.47m NOK → 27.60m NOK (-35.0%). Equity 1.48m NOK → 2.30m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC ENTREPRENØR AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.48m NOK → 2.30m NOK (equity ratio 13.2% → 27.9%). Calculated
-
↑
Cash rose
Bank deposits 447.1k NOK → 664.5k NOK (+48.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 7.55m NOK → 7.49m NOK (18% → 27% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 42.47m NOK to 27.60m NOK (-35.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 30.80m NOK → 16.84m NOK (-45.3% YoY). Calculated