Org.nr 990 818 932 2016 → 2017 Year-over-year analysis

ABC MATTESERVICE AS: årsregnskap 2017 vs 2016

Grew 159% on revenue

approved 2018-04-20; registry 2018-04-30; journal 2018 292831

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABC MATTESERVICE AS. Revenue 791.3k NOK → 2.05m NOK (+159.4%). Equity 446.3k NOK → 524.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABC MATTESERVICE AS.

Scorecard

Revenue
791.3k NOK 2.05m NOK
+159.4%
Operating result
+2 016 NOK n/m
—
Equity
446.3k NOK 524.3k NOK
+17.5%
Cash
4 684 NOK 15.9k NOK
+240.1%
Total assets
819.8k NOK 464.2k NOK
-43.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 791.3k NOK to 2.05m NOK (+159.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 446.3k NOK → 524.3k NOK (equity ratio 54.4% → 113.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 684 NOK → 15.9k NOK (+240.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 710.0k NOK → 812.3k NOK (+14.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 39.6k NOK → 21.3k NOK. Reported fact