FirmaIQ
Org.nr 991 482 148 2016 → 2017 Year-over-year analysis

ABD RØRSERVICE AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-22; registry 2018-07-17; journal 2018 699272

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABD RØRSERVICE AS. Revenue 17.46m NOK → 16.95m NOK (-2.9%). Net result +67.5k NOK → +261.0k NOK. Equity 1.70m NOK → 1.96m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.

At a glance

Scorecard

Revenue
17.46m NOK 16.95m NOK
-2.9%
Operating result
+108.6k NOK +368.2k NOK
+239.0%
Net result
+67.5k NOK +261.0k NOK
+286.5%
Equity
1.70m NOK 1.96m NOK
+15.3%
Cash
910.8k NOK 568.0k NOK
-37.6%
Total assets
5.72m NOK 5.90m NOK
+3.1%

What improved

  • ↑

    Operating result improved

    Operating result +108.6k NOK → +368.2k NOK (op. margin 0.6% → 2.2%). Calculated

  • ↑

    Net result improved

    Net result +67.5k NOK → +261.0k NOK (net margin 0.4% → 1.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.70m NOK → 1.96m NOK (equity ratio 29.8% → 33.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.46m NOK to 16.95m NOK (-2.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 910.8k NOK → 568.0k NOK (-37.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.14m NOK → 5.31m NOK (29% → 31% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.59m NOK → 8.69m NOK (-9.4% YoY). Calculated