ABC TAK OG BYGGSERVICE AS: årsregnskap 2018 vs 2017
Grew 13% on revenue, slipped into loss
approved 2019-05-31; registry 2019-06-19; journal 2019 467613
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC TAK OG BYGGSERVICE AS. Revenue 833.3k NOK → 939.3k NOK (+12.7%). Net result +21.7k NOK → -86.0k NOK. Equity -60.4k NOK → -146.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC TAK OG BYGGSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 833.3k NOK to 939.3k NOK (+12.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +25.3k NOK → -84.9k NOK (op. margin 3.0% → -9.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 21.7k NOK profit to a loss of 86.0k NOK. Calculated
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↓
Equity eroded
Book equity -60.4k NOK → -146.4k NOK (equity ratio -271.8% → -354.9%). Calculated
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↓
Cash fell
Bank deposits 19.3k NOK → 14.4k NOK (-25.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -354.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3.29m NOK → 3.42m NOK (394% → 364% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 409.6k NOK → 451.4k NOK (+10.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1.5 → 1. Reported fact