ACCOUNTOR VALDRES OG LAND AS: årsregnskap 2017 vs 2016
Shrank 12% on revenue, weaker earnings
approved 2018-06-30; registry 2018-07-26; journal 2018 793795
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCOUNTOR VALDRES OG LAND AS. Revenue 6.86m NOK → 6.07m NOK (-11.6%). Net result +325.3k NOK → +41.9k NOK. Equity 767.2k NOK → 809.1k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNTOR VALDRES OG LAND AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 767.2k NOK → 809.1k NOK (equity ratio 26.0% → 29.7%). Calculated
-
↑
Payroll decreased
Salary cost 4.39m NOK → 4.22m NOK (64% → 70% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.86m NOK to 6.07m NOK (-11.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +418.4k NOK → +64.3k NOK (op. margin 6.1% → 1.1%). Calculated
-
↓
Net result weakened
Net result +325.3k NOK → +41.9k NOK (net margin 4.7% → 0.7%). Calculated
-
↓
Cash fell
Bank deposits 732.4k NOK → 727.6k NOK (-0.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 39.6k NOK → 20.8k NOK (-47.4% YoY). Calculated