Org.nr 989 069 209 2016 → 2017 Year-over-year analysis

ABELHUS AS: årsregnskap 2017 vs 2016

Grew 317% on revenue, weaker earnings

approved 2018-07-16; registry 2018-09-22; journal 2018 925975

Full company analysis · All year comparisons

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.

Scorecard

Revenue
607.1k NOK 2.53m NOK
+317.1%
Operating result
+526.0k NOK n/m
—
Net result
+1.92m NOK +296.0k NOK
-84.6%
Equity
6.51m NOK 5.40m NOK
-17.1%
Cash
3.94m NOK 3.12m NOK
-20.8%
Total assets
8.05m NOK 5.96m NOK
-26.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 607.1k NOK to 2.53m NOK (+317.1% YoY). Calculated

What deteriorated

  • ↓

    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

  • ·

    Book investments changed

    Investment / intangible book value 874.0k NOK → 1 NOK. Reported fact