FirmaIQ
Org.nr 992 764 341 2016 → 2017 Year-over-year analysis

ABELNES EIENDOM AS: årsregnskap 2017 vs 2016

Grew 68% on revenue, returned to profit

approved 2018-05-30; registry 2018-06-23; journal 2018 529828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABELNES EIENDOM AS. Revenue 1.03m NOK → 1.74m NOK (+68.4%). Net result -1.54m NOK → +2 091 NOK. Equity 3.27m NOK → 3.64m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELNES EIENDOM AS.

At a glance

Scorecard

Revenue
1.03m NOK 1.74m NOK
+68.4%
Operating result
-1.15m NOK +751.2k NOK
+165.5%
Net result
-1.54m NOK +2 091 NOK
+100.1%
Equity
3.27m NOK 3.64m NOK
+11.1%
Cash
153.3k NOK 653.7k NOK
+326.4%
Total assets
18.17m NOK 15.64m NOK
-14.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.03m NOK to 1.74m NOK (+68.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.15m NOK → +751.2k NOK (op. margin -110.8% → 43.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.54m NOK to a profit of 2 091 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.27m NOK → 3.64m NOK (equity ratio 18.0% → 23.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 153.3k NOK → 653.7k NOK (+326.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.6k NOK → 8 670 NOK (-76.9% YoY). Calculated