ABRAHAMSEN DAGLIGVARE AS: årsregnskap 2017 vs 2016
Slipped into loss
approved 2018-11-23; registry 2018-11-28; journal 2018 934950
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRAHAMSEN DAGLIGVARE AS. Revenue 6.43m NOK → 6.64m NOK (+3.3%). Net result +2 016 NOK → -91.4k NOK. Equity -7 413 NOK → -98.7k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN DAGLIGVARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.43m NOK to 6.64m NOK (+3.3% YoY). Calculated
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↑
Cash rose
Bank deposits 8 316 NOK → 150.7k NOK (+1712.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.86× → 3.86×. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 2 016 NOK profit to a loss of 91.4k NOK. Calculated
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↓
Equity eroded
Book equity -7 413 NOK → -98.7k NOK (equity ratio -1.3% → -78.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -78.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 610.9k NOK → 759.6k NOK (10% → 11% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.98m NOK → 5.24m NOK (+5.2% YoY). Calculated