ADAM & EVA FRISØR AS: årsregnskap 2017 vs 2016
Grew 6% on revenue, weaker earnings
approved 2018-02-26; registry 2018-04-17; journal 2018 269114
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADAM & EVA FRISØR AS. Revenue 4.60m NOK → 4.87m NOK (+5.7%). Net result +596.95m NOK → +508.8k NOK. Equity 344.3k NOK → 253.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.60m NOK to 4.87m NOK (+5.7% YoY). Calculated
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↑
Cash rose
Bank deposits 1.68m NOK → 1.68m NOK (+0.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +807.85m NOK → +677.2k NOK (op. margin 17547.0% → 13.9%). Calculated
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↓
Net result weakened
Net result +596.95m NOK → +508.8k NOK (net margin 12966.1% → 10.5%). Calculated
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↓
Equity eroded
Book equity 344.3k NOK → 253.1k NOK (equity ratio 17.7% → 13.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.87m NOK → 3.17m NOK (62% → 65% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 534.6k NOK → 600.3k NOK (+12.3% YoY). Calculated