ABEL MEYERSGATE 2 AS: årsregnskap 2017 vs 2016
Grew 25% on revenue
approved 2018-06-25; registry 2018-07-28; journal 2018 805754
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABEL MEYERSGATE 2 AS. Revenue 341.8k NOK → 427.0k NOK (+24.9%). Equity 824.6k NOK → 125.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL MEYERSGATE 2 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 341.8k NOK to 427.0k NOK (+24.9% YoY). Calculated
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↑
Operating result improved
Operating result +103.2k NOK → +188.9k NOK (op. margin 30.2% → 44.2%). Calculated
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↑
Cash rose
Bank deposits 175.1k NOK → 227.8k NOK (+30.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 824.6k NOK → 125.1k NOK (equity ratio 32.9% → 4.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation