ABC STORMARKED AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-25; registry 2018-08-01; journal 2018 832627
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC STORMARKED AS. Revenue 2.44m NOK → 2.53m NOK (+3.7%). Net result +2.63m NOK → +58.6k NOK. Equity 5.34m NOK → 3.47m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABC STORMARKED AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.44m NOK to 2.53m NOK (+3.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +2.63m NOK → +58.6k NOK (net margin 107.7% → 2.3%). Calculated
-
↓
Equity eroded
Book equity 5.34m NOK → 3.47m NOK (equity ratio 25.3% → 21.9%). Calculated
-
↓
Cash fell
Bank deposits 9.54m NOK → 6.22m NOK (-34.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.35m NOK → 1.52m NOK (55% → 60% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 902 NOK → 525.0k NOK (+58102.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 100.5k NOK → 486.1k NOK. Reported fact