AKASIEN BEGRAVELSESBYRÅ AS: årsregnskap 2017 vs 2016
Grew 30% on revenue, returned to profit, cash halved-plus
approved 2018-06-06; registry 2018-06-30; journal 2018 588414
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKASIEN BEGRAVELSESBYRÅ AS. Revenue 8.02m NOK → 10.45m NOK (+30.3%). Net result -35.4k NOK → +258.0k NOK. Equity 1.28m NOK → 1.54m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKASIEN BEGRAVELSESBYRÅ AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.02m NOK to 10.45m NOK (+30.3% YoY). Calculated
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↑
Operating result improved
Operating result -16.4k NOK → +371.1k NOK (op. margin -0.2% → 3.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 35.4k NOK to a profit of 258.0k NOK. Calculated
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↑
Equity strengthened
Book equity 1.28m NOK → 1.54m NOK (equity ratio 51.1% → 37.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 522.0k NOK → 1 190 NOK (-99.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.37m NOK → 3.18m NOK (30% → 30% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.39m NOK → 4.34m NOK (+28.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 46.8k NOK → 42.1k NOK. Reported fact