ABC METALL AS: årsregnskap 2017 vs 2016
Shrank 63% on revenue, cash halved-plus
approved 2018-04-11; registry 2018-04-23; journal 2018 277737
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC METALL AS. Revenue 2.96m NOK → 1.08m NOK (-63.5%). Equity 598.7k NOK → 402.3k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC METALL AS.
At a glance
Scorecard
Revenue
2.96m NOK
1.08m NOK
-63.5%
Equity
598.7k NOK
402.3k NOK
-32.8%
Cash
109.7k NOK
5 499 NOK
-95.0%
Total assets
1.55m NOK
n/m
—
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.96m NOK to 1.08m NOK (-63.5% YoY). Calculated
-
↓
Equity eroded
Book equity 598.7k NOK → 402.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 109.7k NOK → 5 499 NOK (-95.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.48m NOK → 2.57m NOK (50% → 238% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 192.9k NOK → -7 142 NOK (-103.7% YoY). Calculated