ABG EIENDOM AS: årsregnskap 2017 vs 2016
Shrank 7% on revenue, returned to profit
approved 2018-02-19; registry 2018-02-21; journal 2018 211136
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABG EIENDOM AS. Revenue 1.09m NOK → 1.01m NOK (-7.2%). Net result -97.0k NOK → +38.6k NOK. Equity 5.24m NOK → 5.27m NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABG EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 97.0k NOK to a profit of 38.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 5.24m NOK → 5.27m NOK (equity ratio 81.7% → 82.5%). Calculated
-
↑
Payroll decreased
Salary cost 773.8k NOK → 527.5k NOK (71% → 52% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.09m NOK to 1.01m NOK (-7.2% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 8 160 NOK → 2 190 NOK (-73.2% YoY). Calculated