ABZINT FRISØR AS: årsregnskap 2018 vs 2017
Shrank 5% on revenue, returned to profit, fresh owner capital
approved 2019-04-30; registry 2019-07-24; journal 2019 806396
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABZINT FRISØR AS. Revenue 729.4k NOK → 690.6k NOK (-5.3%). Net result -67.6k NOK → +71.2k NOK. Equity -258.9k NOK → -187.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABZINT FRISØR AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -7 807 NOK → +129.8k NOK (op. margin -1.1% → 18.8%). Calculated
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Turned profitable
Net result flipped from a loss of 67.6k NOK to a profit of 71.2k NOK. Calculated
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Equity strengthened
Book equity -258.9k NOK → -187.7k NOK (equity ratio -72.3% → -56.0%). Calculated
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Owners injected capital
Paid-in equity rose -258.9k NOK → -187.7k NOK (+71.2k NOK). Reported fact
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Payroll decreased
Salary cost 350.2k NOK → 180.7k NOK (48% → 26% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 729.4k NOK to 690.6k NOK (-5.3% YoY). Calculated
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↓
Cash fell
Bank deposits 32.5k NOK → 17.4k NOK (-46.5% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 40.0k NOK → 27.4k NOK (-31.5% YoY). Calculated