ABC PROFIL AS: årsregnskap 2017 vs 2016
Grew 21% on revenue, weaker earnings, cash halved-plus
approved 2018-05-31; registry 2018-06-09; journal 2018 438270
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC PROFIL AS. Revenue 1.48m NOK → 1.79m NOK (+21.2%). Net result +103.1k NOK → +30.2k NOK. Equity 8.14m NOK → 12.17m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC PROFIL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.48m NOK to 1.79m NOK (+21.2% YoY). Calculated
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Equity strengthened
Book equity 8.14m NOK → 12.17m NOK (equity ratio 1877.8% → 2419.2%). Calculated
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Payroll decreased
Salary cost 3.60m NOK → 2 NOK (244% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +123.1k NOK → +42.5k NOK (op. margin 8.3% → 2.4%). Calculated
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Net result weakened
Net result +103.1k NOK → +30.2k NOK (net margin 7.0% → 1.7%). Calculated
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Cash fell
Bank deposits 241.7k NOK → 96.8k NOK (-60.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 599.9k NOK → 890.2k NOK (+48.4% YoY). Calculated