Org.nr 925 102 423 2016 → 2017 Year-over-year analysis

ABEL FINANS AS: årsregnskap 2017 vs 2016

Grew 6% on revenue, cash halved-plus

approved 2018-02-20; registry 2018-06-04; journal 2018 395917

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABEL FINANS AS. Revenue 666.3k NOK → 705.7k NOK (+5.9%). Equity 1.43m NOK → 1.72m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEL FINANS AS.

Scorecard

Revenue
666.3k NOK 705.7k NOK
+5.9%
Equity
1.43m NOK 1.72m NOK
+19.9%
Cash
733.5k NOK 218.3k NOK
-70.2%
Total assets
3.31m NOK 1.85m NOK
-44.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 666.3k NOK to 705.7k NOK (+5.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.43m NOK → 1.72m NOK (equity ratio 43.3% → 92.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 733.5k NOK → 218.3k NOK (-70.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.60m NOK → 795.6k NOK. Reported fact