ABEL MEYERSGATE 3 AS: årsregnskap 2017 vs 2016
A steady year on the published lines
approved 2018-06-25; registry 2018-07-30; journal 2018 810342
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABEL MEYERSGATE 3 AS. Revenue 614.4k NOK → 637.5k NOK (+3.8%). Net result +157.1k NOK → +186.6k NOK. Equity 995.1k NOK → 199.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL MEYERSGATE 3 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 614.4k NOK to 637.5k NOK (+3.8% YoY). Calculated
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↑
Operating result improved
Operating result +267.8k NOK → +303.4k NOK (op. margin 43.6% → 47.6%). Calculated
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↑
Net result improved
Net result +157.1k NOK → +186.6k NOK (net margin 25.6% → 29.3%). Calculated
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↑
Cash rose
Bank deposits 300.7k NOK → 416.9k NOK (+38.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 995.1k NOK → 199.4k NOK (equity ratio 19.8% → 4.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation