ABC LAGERHOTELL AS: årsregnskap 2017 vs 2016
A steady year on the published lines
approved 2018-05-14; registry 2018-06-02; journal 2018 389283
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC LAGERHOTELL AS. Revenue 515.6k NOK → 538.6k NOK (+4.5%). Net result +185.8k NOK → +161.2k NOK. Equity 935.5k NOK → 96.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC LAGERHOTELL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 515.6k NOK to 538.6k NOK (+4.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +346.3k NOK → +306.2k NOK (op. margin 67.2% → 56.8%). Calculated
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↓
Net result weakened
Net result +185.8k NOK → +161.2k NOK (net margin 36.0% → 29.9%). Calculated
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↓
Equity eroded
Book equity 935.5k NOK → 96.8k NOK (equity ratio 30.3% → 2.9%). Calculated
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↓
Cash fell
Bank deposits 166.8k NOK → 124.0k NOK (-25.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.52× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation