FirmaIQ
Org.nr 964 042 721 2016 → 2017 Year-over-year analysis

ABEL EIENDOMSFORVALTNING AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue, weaker earnings, cash halved-plus

approved 2018-06-26; registry 2018-07-21; journal 2018 736631

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABEL EIENDOMSFORVALTNING AS. Revenue 10.57m NOK → 8.94m NOK (-15.4%). Net result +2.66m NOK → +1.72m NOK. Equity 2.55m NOK → 2.93m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
10.57m NOK 8.94m NOK
-15.4%
Net result
+2.66m NOK +1.72m NOK
-35.3%
Equity
2.55m NOK 2.93m NOK
+15.1%
Cash
798.7k NOK 285.2k NOK
-64.3%
Total assets
13.14m NOK 16.40m NOK
+24.8%

What improved

  • ↑

    Equity strengthened

    Book equity 2.55m NOK → 2.93m NOK (equity ratio 19.4% → 17.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.58× → 1.18×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.57m NOK to 8.94m NOK (-15.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.66m NOK → +1.72m NOK (net margin 25.2% → 19.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 798.7k NOK → 285.2k NOK (-64.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.51m NOK → 5.69m NOK (52% → 64% of revenue). Calculated