ABRAHAMSEN RESTAURANTDRIFT AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-06-30; registry 2019-08-10; journal 2019 909520
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABRAHAMSEN RESTAURANTDRIFT AS. Revenue 8.20m NOK → 8.48m NOK (+3.3%). Net result +848.4k NOK → +67.6k NOK. Equity 417.8k NOK → 2.49m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. 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 8.20m NOK to 8.48m NOK (+3.3% YoY). Calculated
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↑
Operating result improved
Operating result +124.0k NOK → +387.8k NOK (op. margin 1.5% → 4.6%). Calculated
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↑
Equity strengthened
Book equity 417.8k NOK → 2.49m NOK (equity ratio 13.4% → 61.0%). Calculated
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↑
Cash rose
Bank deposits 2.72m NOK → 3.73m NOK (+37.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +848.4k NOK → +67.6k NOK (net margin 10.3% → 0.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.97m NOK → 4.02m NOK (48% → 47% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.05m NOK → 1.87m NOK (-8.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 96.0k NOK → 20.0k NOK. Reported fact