FirmaIQ
Org.nr 989 070 495 2016 → 2017 Year-over-year analysis

ABETOR INVEST AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-20; registry 2018-07-05; journal 2018 620953

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABETOR INVEST AS. Revenue 0 NOK → 309.1k NOK. Net result +23.0k NOK → +616.0k NOK. Equity 765.8k NOK → 131.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABETOR INVEST AS.

At a glance

Scorecard

Revenue
0 NOK 309.1k NOK
—
Operating result
+46.6k NOK +255.2k NOK
+448.0%
Net result
+23.0k NOK +616.0k NOK
+2579.0%
Equity
765.8k NOK 131.8k NOK
-82.8%
Cash
36.2k NOK 191.7k NOK
+429.2%
Total assets
349.3k NOK 1.56m NOK
+346.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 309.1k NOK. Calculated

  • ↑

    Operating result improved

    Operating result +46.6k NOK → +255.2k NOK. Calculated

  • ↑

    Net result improved

    Net result +23.0k NOK → +616.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 36.2k NOK → 191.7k NOK (+429.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 765.8k NOK → 131.8k NOK (equity ratio 219.2% → 8.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 763.1k NOK → 1 173 NOK. Reported fact