ABK TEKNIKK AS: årsregnskap 2017 vs 2016
Grew 164% on revenue, stronger earnings, fresh owner capital
approved 2018-02-26; registry 2018-05-14; journal 2018 318883
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABK TEKNIKK AS. Revenue 1.63m NOK → 4.30m NOK (+163.6%). Net result +16 NOK → +196.7k NOK. Equity -193.3k NOK → 9 989 NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABK TEKNIKK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.63m NOK to 4.30m NOK (+163.6% YoY). Calculated
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Net result improved
Net result +16 NOK → +196.7k NOK (net margin 0.0% → 4.6%). Calculated
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Equity strengthened
Book equity -193.3k NOK → 9 989 NOK (equity ratio -34.3% → 3.8%). Calculated
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Cash rose
Bank deposits 61.2k NOK → 402.0k NOK (+556.9% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.21× → 1.61×. Calculated
Things to notice
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Payroll increased
Salary cost 1 465 NOK → 1.75m NOK (0% → 41% of revenue). Calculated
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COGS fell
COGS / varekostnad 620.9k NOK → 164.0k NOK (-73.6% YoY). Calculated