Org.nr 959 291 608 2016 → 2017 Year-over-year analysis

AB-M AS: årsregnskap 2017 vs 2016

Shrank 19% on revenue

approved 2018-02-15; registry 2018-02-26; journal 2018 213045

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AB-M AS. Revenue 2.44m NOK → 1.99m NOK (-18.6%). Equity 4.12m NOK → 3.01m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AB-M AS.

At a glance

Revenue

2.44m NOK 1.99m NOK

-18.6%

Operating result

+1 072 NOK +776.2k NOK

+72310.2%

Equity

4.12m NOK 3.01m NOK

-27.1%

Cash

1 136 NOK 894.5k NOK

+78645.2%

Total assets

5.63m NOK 6.11m NOK

+8.6%

↑
Operating result improved

Operating result +1 072 NOK → +776.2k NOK (op. margin 0.0% → 39.0%). Calculated
↑
Cash rose

Bank deposits 1 136 NOK → 894.5k NOK (+78645.2% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.44m NOK to 1.99m NOK (-18.6% YoY). Calculated
↓
Equity eroded

Book equity 4.12m NOK → 3.01m NOK (equity ratio 73.2% → 49.2%). Calculated
↓
Payroll up without matching revenue

Salary cost 759.3k NOK → 4.55m NOK (31% → 229% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 502.5k NOK → 563.8k NOK (+12.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.36m NOK → 2.00m NOK. Reported fact