Org.nr 979 496 842 2016 → 2017 Year-over-year analysis

ADOLF JAHNSEN AS: årsregnskap 2017 vs 2016

Shrank 34% on revenue, fresh owner capital

approved 2018-07-06; registry 2018-08-02; journal 2018 846760

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADOLF JAHNSEN AS. Revenue 77.20m NOK → 50.90m NOK (-34.1%). Equity 5.32m NOK → 4.89m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADOLF JAHNSEN AS.

At a glance

Revenue

77.20m NOK 50.90m NOK

-34.1%

Operating result

-1.41m NOK -4.46m NOK

-217.4%

Equity

5.32m NOK 4.89m NOK

-7.9%

Cash

459.8k NOK 400.1k NOK

-13.0%

Total assets

22.89m NOK 17.54m NOK

-23.4%

↑
Owners injected capital

Paid-in equity rose 3.64m NOK → 5.88m NOK (+2.24m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 77.20m NOK to 50.90m NOK (-34.1% YoY). Calculated
↓
Operating result weakened

Operating result -1.41m NOK → -4.46m NOK (op. margin -1.8% → -8.8%). Calculated
↓
Equity eroded

Book equity 5.32m NOK → 4.89m NOK (equity ratio 23.2% → 27.9%). Calculated
↓
Cash fell

Bank deposits 459.8k NOK → 400.1k NOK (-13.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 57.58m NOK → 36.88m NOK (-35.9% YoY). Calculated