Org.nr 915 236 227 2016 → 2017 Year-over-year analysis

A.B. BOLIGSERVICE AS: årsregnskap 2017 vs 2016

Grew 38915% on revenue, weaker earnings, cash halved-plus

approved 2018-07-12; registry 2018-07-24; journal 2018 778126

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A.B. BOLIGSERVICE AS. Revenue 1 105 NOK → 431.1k NOK (+38914.8%). Net result +17.5k NOK → +4 979 NOK. Equity 112.5k NOK → 117.5k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.B. BOLIGSERVICE AS.

Scorecard

Revenue
1 105 NOK 431.1k NOK
+38914.8%
Operating result
+23.6k NOK +27.6k NOK
+16.9%
Net result
+17.5k NOK +4 979 NOK
-71.6%
Equity
112.5k NOK 117.5k NOK
+4.4%
Cash
45.6k NOK 3 025 NOK
-93.4%
Total assets
289.7k NOK 264.0k NOK
-8.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 105 NOK to 431.1k NOK (+38914.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.6k NOK → +27.6k NOK (op. margin 2132.9% → 6.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 112.5k NOK → 117.5k NOK (equity ratio 38.9% → 44.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +17.5k NOK → +4 979 NOK (net margin 1588.1% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 45.6k NOK → 3 025 NOK (-93.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 652.0k NOK → 101.9k NOK (-84.4% YoY). Calculated