FirmaIQ
Org.nr 892 098 832 2016 → 2017 Year-over-year analysis

ABELON GROUP AS: årsregnskap 2017 vs 2016

Grew 89% on revenue, weaker earnings

approved 2018-06-14; registry 2018-07-03; journal 2018 608903

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABELON GROUP AS. Revenue 1.62m NOK → 3.06m NOK (+88.6%). Net result +468.2k NOK → +101.3k NOK. Equity 3.54m NOK → 3.35m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABELON GROUP AS.

At a glance

Scorecard

Revenue
1.62m NOK 3.06m NOK
+88.6%
Net result
+468.2k NOK +101.3k NOK
-78.4%
Equity
3.54m NOK 3.35m NOK
-5.6%
Cash
218.0k NOK 232.7k NOK
+6.8%
Total assets
4.87m NOK 8.80m NOK
+80.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.62m NOK to 3.06m NOK (+88.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 218.0k NOK → 232.7k NOK (+6.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +468.2k NOK → +101.3k NOK (net margin 28.9% → 3.3%). Calculated

  • ↓

    Equity eroded

    Book equity 3.54m NOK → 3.35m NOK (equity ratio 72.7% → 38.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 144.1k NOK → 238.4k NOK (+65.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 915.1k NOK → 9 365 NOK. Reported fact