ABRAHAMSSON & HAUGSTVEDT AS: årsregnskap 2017 vs 2016
Shrank 39% on revenue, cash halved-plus
approved 2018-04-18; registry 2018-05-14; journal 2018 314803
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRAHAMSSON & HAUGSTVEDT AS. Revenue 44.65m NOK → 27.02m NOK (-39.5%).
Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABRAHAMSSON & HAUGSTVEDT AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 44.65m NOK to 27.02m NOK (-39.5% YoY). Calculated
-
↓
Cash fell
Bank deposits 3.17m NOK → 659.3k NOK (-79.2% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.17m NOK → 659.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 33.43m NOK → 17.11m NOK (-48.8% YoY). Calculated