ABC KRÜGER TRAFIKKSKOLE AS: årsregnskap 2017 vs 2016
Shrank 6% on revenue, weaker earnings
approved 2018-03-07; registry 2018-06-13; journal 2018 476479
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC KRÜGER TRAFIKKSKOLE AS. Revenue 3.24m NOK → 3.06m NOK (-5.5%). Net result +236.6k NOK → +99.7k NOK. Equity 570.9k NOK → 520.6k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.14× → 2.16×. Calculated
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↑
Payroll decreased
Salary cost 1.89m NOK → 1.86m NOK (58% → 61% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.24m NOK to 3.06m NOK (-5.5% YoY). Calculated
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↓
Operating result weakened
Operating result +334.2k NOK → +122.0k NOK (op. margin 10.3% → 4.0%). Calculated
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↓
Net result weakened
Net result +236.6k NOK → +99.7k NOK (net margin 7.3% → 3.3%). Calculated
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↓
Equity eroded
Book equity 570.9k NOK → 520.6k NOK (equity ratio 52.6% → 55.6%). Calculated
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↓
Cash fell
Bank deposits 797.7k NOK → 571.6k NOK (-28.3% YoY). Calculated