FirmaIQ
Org.nr 998 246 202 2016 → 2017 Year-over-year analysis

A-B BYGG OG MALERTJENESTE AS: årsregnskap 2017 vs 2016

Shrank 20% on revenue, weaker earnings, cash halved-plus

approved 2018-05-30; registry 2018-06-09; journal 2018 436684

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A-B BYGG OG MALERTJENESTE AS. Revenue 10.63m NOK → 8.46m NOK (-20.4%). Net result +47.4k NOK → +2 017 NOK. Equity 13.81m NOK → 12.61m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A-B BYGG OG MALERTJENESTE AS.

At a glance

Scorecard

Revenue
10.63m NOK 8.46m NOK
-20.4%
Net result
+47.4k NOK +2 017 NOK
-95.7%
Equity
13.81m NOK 12.61m NOK
-8.7%
Cash
1.60m NOK 438.1k NOK
-72.5%
Total assets
3.45m NOK 2.27m NOK
-34.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.65× → 1.38×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.63m NOK to 8.46m NOK (-20.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +47.4k NOK → +2 017 NOK (net margin 0.4% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 13.81m NOK → 12.61m NOK (equity ratio 400.1% → 554.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.60m NOK → 438.1k NOK (-72.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.60m NOK → 438.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 3.89m NOK → 3.20m NOK (-17.8% YoY). Calculated