Org.nr 977 262 968 2016 → 2017 Year-over-year analysis

A&B ELEKTRO INSTALLASJON AS: årsregnskap 2017 vs 2016

Grew 339% on revenue

approved 2018-06-30; registry 2018-08-01; journal 2018 892406

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A&B ELEKTRO INSTALLASJON AS. Revenue 12.5k NOK → 54.9k NOK (+339.4%). Equity -3 629 NOK → -8 585 NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A&B ELEKTRO INSTALLASJON AS.

At a glance

Revenue

12.5k NOK 54.9k NOK

+339.4%

Net result

-34.2k NOK n/m

—

Equity

-3 629 NOK -8 585 NOK

-136.6%

Cash

16.5k NOK 13.7k NOK

-17.3%

Total assets

20.6k NOK 35.2k NOK

+70.9%

↑
Revenue rose

Operating income / revenue moved from 12.5k NOK to 54.9k NOK (+339.4% YoY). Calculated

↓
Equity eroded

Book equity -3 629 NOK → -8 585 NOK (equity ratio -17.6% → -24.4%). Calculated
↓
Cash fell

Bank deposits 16.5k NOK → 13.7k NOK (-17.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is -24.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 15.5k NOK → 34.3k NOK (+122.0% YoY). Calculated