ABE STAR PARKETT AS: årsregnskap 2017 vs 2016
Grew 31% on revenue, stronger earnings, cash halved-plus
approved 2018-06-25; registry 2018-07-24; journal 2018 764439
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABE STAR PARKETT AS. Revenue 3.50m NOK → 4.57m NOK (+30.7%). Net result +213.3k NOK → +379.8k NOK. Equity 981.8k NOK → 961.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.50m NOK to 4.57m NOK (+30.7% YoY). Calculated
-
↑
Operating result improved
Operating result +314.0k NOK → +469.5k NOK (op. margin 9.0% → 10.3%). Calculated
-
↑
Net result improved
Net result +213.3k NOK → +379.8k NOK (net margin 6.1% → 8.3%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 981.8k NOK → 961.6k NOK (equity ratio 50.6% → 41.1%). Calculated
-
↓
Cash fell
Bank deposits 941.4k NOK → 469.8k NOK (-50.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.67m NOK → 2.65m NOK (48% → 58% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 728.1k NOK → 922.5k NOK (+26.7% YoY). Calculated