ABELHUS AS: årsregnskap 2017 vs 2016
Grew 317% on revenue, weaker earnings
approved 2018-07-16; registry 2018-09-22; journal 2018 925975
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABELHUS AS. Revenue 607.1k NOK → 2.53m NOK (+317.1%). Net result +1.92m NOK → +296.0k NOK. Equity 6.51m NOK → 5.40m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELHUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 607.1k NOK to 2.53m NOK (+317.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.92m NOK → +296.0k NOK (net margin 316.3% → 11.7%). Calculated
-
↓
Equity eroded
Book equity 6.51m NOK → 5.40m NOK (equity ratio 80.8% → 90.6%). Calculated
-
↓
Cash fell
Bank deposits 3.94m NOK → 3.12m NOK (-20.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 874.0k NOK → 1 NOK. Reported fact