FirmaIQ
Org.nr 999 338 100 2016 → 2017 Year-over-year analysis

ABIRAMY CASH & CARRY AS: årsregnskap 2017 vs 2016

Shrank 13% on revenue, slipped into loss

approved 2018-05-14; registry 2018-06-16; journal 2018 484106

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABIRAMY CASH & CARRY AS. Revenue 16.84m NOK → 14.68m NOK (-12.8%). Net result +581.6k NOK → -367.2k NOK. Equity 735.8k NOK → 268.5k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABIRAMY CASH & CARRY AS.

At a glance

Scorecard

Revenue
16.84m NOK 14.68m NOK
-12.8%
Operating result
n/m -370.4k NOK
—
Net result
+581.6k NOK -367.2k NOK
-163.1%
Equity
735.8k NOK 268.5k NOK
-63.5%
Cash
88.0k NOK 480.7k NOK
+446.6%
Total assets
2.08m NOK 1.73m NOK
-16.6%

What improved

  • ↑

    Cash rose

    Bank deposits 88.0k NOK → 480.7k NOK (+446.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.84m NOK to 14.68m NOK (-12.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 581.6k NOK profit to a loss of 367.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 735.8k NOK → 268.5k NOK (equity ratio 35.5% → 15.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.27m NOK → 2.80m NOK (13% → 19% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.55m NOK → 10.82m NOK (-13.8% YoY). Calculated