ABRAHAMSEN BYGG OG VEDLIKEHOLD AS: årsregnskap 2017 vs 2016
Shrank 20% on revenue, returned to profit
approved 2018-06-28; registry 2018-07-07; journal 2018 643926
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS. Revenue 1.56m NOK → 1.25m NOK (-19.6%). Net result -2 796 NOK → +105.1k NOK. Equity 216.0k NOK → 321.1k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 2 796 NOK to a profit of 105.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 216.0k NOK → 321.1k NOK (equity ratio 54.5% → 36.7%). Calculated
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↑
Cash rose
Bank deposits 96.7k NOK → 120.6k NOK (+24.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 425.6k NOK → 82.4k NOK (27% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.56m NOK to 1.25m NOK (-19.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 708.0k NOK → 502.4k NOK (-29.0% YoY). Calculated