Org.nr 986 980 687 2016 → 2017 Year-over-year analysis

A. K. BOLIGUTLEIE AS: årsregnskap 2017 vs 2016

Grew 12% on revenue, weaker earnings

approved 2018-05-16; registry 2018-06-06; journal 2018 412680

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A. K. BOLIGUTLEIE AS. Revenue 2.83m NOK → 3.17m NOK (+11.9%). Net result +50.7k NOK → +33.9k NOK. Equity 1.16m NOK → 1.16m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A. K. BOLIGUTLEIE AS.

Scorecard

Revenue
2.83m NOK 3.17m NOK
+11.9%
Operating result
n/m +536.5k NOK
—
Net result
+50.7k NOK +33.9k NOK
-33.2%
Equity
1.16m NOK 1.16m NOK
+0.1%
Cash
297.2k NOK 810.5k NOK
+172.8%
Total assets
21.26m NOK 21.75m NOK
+2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.83m NOK to 3.17m NOK (+11.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 297.2k NOK → 810.5k NOK (+172.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +50.7k NOK → +33.9k NOK (net margin 1.8% → 1.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 71.4k NOK → 213.8k NOK (+199.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10 NOK → 10.00m NOK. Reported fact