ABRAHAMSEN RESTAURANTDRIFT AS: årsregnskap 2017 vs 2016
Grew 20% on revenue, stronger earnings
approved 2018-06-30; registry 2018-08-07; journal 2018 876218
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRAHAMSEN RESTAURANTDRIFT AS. Revenue 6.85m NOK → 8.20m NOK (+19.7%). Net result +594.9k NOK → +848.4k NOK. Equity 769.4k NOK → 417.8k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN RESTAURANTDRIFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.85m NOK to 8.20m NOK (+19.7% YoY). Calculated
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Net result improved
Net result +594.9k NOK → +848.4k NOK (net margin 8.7% → 10.3%). Calculated
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Cash rose
Bank deposits 596.3k NOK → 2.72m NOK (+356.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +792.9k NOK → +124.0k NOK (op. margin 11.6% → 1.5%). Calculated
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↓
Equity eroded
Book equity 769.4k NOK → 417.8k NOK (equity ratio 36.6% → 13.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.25m NOK → 3.97m NOK (47% → 48% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.80m NOK → 2.05m NOK (+14.0% YoY). Calculated