FirmaIQ
Org.nr 984 907 540 2016 → 2017 Year-over-year analysis

ABELS GATE AS: årsregnskap 2017 vs 2016

Grew 35% on revenue

approved 2018-02-16; registry 2018-03-13; journal 2018 227946

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABELS GATE AS. Revenue 567.9k NOK → 767.2k NOK (+35.1%). Net result +260.4k NOK → +303.3k NOK. Equity 1.88m NOK → 1.69m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
567.9k NOK 767.2k NOK
+35.1%
Operating result
+411.0k NOK +492.2k NOK
+19.8%
Net result
+260.4k NOK +303.3k NOK
+16.5%
Equity
1.88m NOK 1.69m NOK
-10.5%
Cash
271.9k NOK 512.0k NOK
+88.3%
Total assets
3.49m NOK 3.69m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 567.9k NOK to 767.2k NOK (+35.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +411.0k NOK → +492.2k NOK (op. margin 72.4% → 64.2%). Calculated

  • ↑

    Net result improved

    Net result +260.4k NOK → +303.3k NOK (net margin 45.9% → 39.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 271.9k NOK → 512.0k NOK (+88.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.88m NOK → 1.69m NOK (equity ratio 53.8% → 45.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.30× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated