ACI FRISØR AS: årsregnskap 2018 vs 2017
Shrank 45% on revenue, slipped into loss
approved 2019-02-20; registry 2019-03-11; journal 2019 230138
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACI FRISØR AS. Revenue 686.1k NOK → 380.0k NOK (-44.6%). Net result +33.7k NOK → -32.4k NOK. Equity 259.1k NOK → 226.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACI FRISØR AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 368.8k NOK → 202.1k NOK (54% → 53% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 686.1k NOK to 380.0k NOK (-44.6% YoY). Calculated
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↓
Operating result weakened
Operating result +46.6k NOK → -40.9k NOK (op. margin 6.8% → -10.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 33.7k NOK profit to a loss of 32.4k NOK. Calculated
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↓
Equity eroded
Book equity 259.1k NOK → 226.7k NOK (equity ratio 73.4% → 91.4%). Calculated
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↓
Cash fell
Bank deposits 352.9k NOK → 235.6k NOK (-33.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 135.4k NOK → 97.9k NOK (-27.7% YoY). Calculated