FirmaIQ
Org.nr 990 711 224 2016 → 2017 Year-over-year analysis

ABK RØRSERVICE AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-05-24; registry 2018-06-06; journal 2018 417680

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABK RØRSERVICE AS. Revenue 5.07m NOK → 4.93m NOK (-2.8%). Net result +173.7k NOK → +356.0k NOK. Equity 1.75m NOK → 2.10m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
5.07m NOK 4.93m NOK
-2.8%
Net result
+173.7k NOK +356.0k NOK
+105.0%
Equity
1.75m NOK 2.10m NOK
+20.4%
Cash
788.7k NOK 984.1k NOK
+24.8%
Total assets
2.91m NOK 3.28m NOK
+12.5%

What improved

  • ↑

    Net result improved

    Net result +173.7k NOK → +356.0k NOK (net margin 3.4% → 7.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.75m NOK → 2.10m NOK (equity ratio 60.0% → 64.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 788.7k NOK → 984.1k NOK (+24.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.07m NOK to 4.93m NOK (-2.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.58m NOK → 526.3k NOK (-66.8% YoY). Calculated