FirmaIQ
Org.nr 816 690 242 2016 → 2017 Year-over-year analysis

ABEL HEALTH AS: årsregnskap 2017 vs 2016

Grew 119724% on revenue

approved 2018-06-22; registry 2018-08-08; journal 2018 898110

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABEL HEALTH AS. Revenue 4 747 NOK → 5.69m NOK (+119724.0%). Net result +227.1k NOK → +193.3k NOK. Equity 56.1k NOK → 149.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABEL HEALTH AS.

At a glance

Scorecard

Revenue
4 747 NOK 5.69m NOK
+119724.0%
Net result
+227.1k NOK +193.3k NOK
-14.9%
Equity
56.1k NOK 149.5k NOK
+166.3%
Cash
377.9k NOK 894.2k NOK
+136.6%
Total assets
951.3k NOK 296.6k NOK
-68.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 747 NOK to 5.69m NOK (+119724.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 56.1k NOK → 149.5k NOK (equity ratio 5.9% → 50.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 377.9k NOK → 894.2k NOK (+136.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +227.1k NOK → +193.3k NOK (net margin 4784.1% → 3.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 254 NOK → 12.4k NOK (+891.3% YoY). Calculated