ABCGRAFISK AS: årsregnskap 2017 vs 2016
Shrank 22% on revenue, stronger earnings
approved 2018-06-30; registry 2018-07-23; journal 2018 758234
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABCGRAFISK AS. Revenue 3.39m NOK → 2.63m NOK (-22.5%). Net result +313.1k NOK → +451.3k NOK. Equity -112.3k NOK → 338.9k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABCGRAFISK AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +313.1k NOK → +451.3k NOK (net margin 9.2% → 17.2%). Calculated
-
↑
Equity strengthened
Book equity -112.3k NOK → 338.9k NOK (equity ratio -17.5% → 44.2%). Calculated
-
↑
Cash rose
Bank deposits 3 761 NOK → 48.8k NOK (+1198.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.64× → 1.12×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.39m NOK to 2.63m NOK (-22.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.06m NOK → 4.98m NOK (31% → 189% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 897.2k NOK → 648.4k NOK (-27.7% YoY). Calculated