ABC STUDIO AS: årsregnskap 2017 vs 2016
Shrank 9% on revenue, weaker earnings, cash halved-plus
approved 2018-06-30; registry 2018-08-07; journal 2018 891634
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC STUDIO AS. Revenue 1.35m NOK → 1.24m NOK (-8.7%). Net result +111.3k NOK → +46.5k NOK. Equity 591.0k NOK → 544.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC STUDIO AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.35m NOK to 1.24m NOK (-8.7% YoY). Calculated
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↓
Operating result weakened
Operating result +100.7k NOK → +38.9k NOK (op. margin 7.4% → 3.1%). Calculated
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↓
Net result weakened
Net result +111.3k NOK → +46.5k NOK (net margin 8.2% → 3.8%). Calculated
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↓
Equity eroded
Book equity 591.0k NOK → 544.5k NOK (equity ratio 78.2% → 79.5%). Calculated
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↓
Cash fell
Bank deposits 95.6k NOK → 34.2k NOK (-64.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 881.2k NOK → 792.8k NOK (-10.0% YoY). Calculated