ABC - VARMEPUMPER AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-05-22; registry 2018-05-30; journal 2018 374360
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC - VARMEPUMPER AS. Revenue 736.6k NOK → 744.9k NOK (+1.1%). Net result -78.0k NOK → +30.4k NOK. Equity 273.6k NOK → 243.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC - VARMEPUMPER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 736.6k NOK to 744.9k NOK (+1.1% YoY). Calculated
-
↑
Operating result improved
Operating result -102.0k NOK → +38.0k NOK (op. margin -13.8% → 5.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 78.0k NOK to a profit of 30.4k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 273.6k NOK → 243.2k NOK (equity ratio 65.7% → 65.3%). Calculated
-
↓
Cash fell
Bank deposits 173.0k NOK → 168.6k NOK (-2.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 191.7k NOK → 213.9k NOK (26% → 29% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 426.4k NOK → 413.9k NOK (-2.9% YoY). Calculated