ACCOUNT SHOP AS: årsregnskap 2017 vs 2016
Shrank 90% on revenue, slipped into loss, fresh owner capital
approved 2018-05-27; registry 2018-06-30; journal 2018 606844
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCOUNT SHOP AS. Revenue 304.4k NOK → 31.0k NOK (-89.8%). Net result +124.3k NOK → -14.1k NOK. Equity 610.1k NOK → 595.9k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 595.9k NOK (+495.9k NOK). Reported fact
-
↑
Payroll decreased
Salary cost 30.1k NOK → 71 NOK (10% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 304.4k NOK to 31.0k NOK (-89.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +162.4k NOK → -21.1k NOK (op. margin 53.3% → -68.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 124.3k NOK profit to a loss of 14.1k NOK. Calculated
-
↓
Equity eroded
Book equity 610.1k NOK → 595.9k NOK (equity ratio 97.8% → 97.9%). Calculated
-
↓
Cash fell
Bank deposits 614.2k NOK → 604.3k NOK (-1.6% YoY). Calculated