ABL GROUP NORWAY AS: årsregnskap 2017 vs 2016
Grew 34% on revenue, fresh owner capital
approved 2018-06-14; registry 2018-07-23; journal 2018 753535
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABL GROUP NORWAY AS. Revenue 9.54m NOK → 12.78m NOK (+34.0%). Equity 1.90m NOK → 2.66m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.54m NOK to 12.78m NOK (+34.0% YoY). Calculated
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↑
Equity strengthened
Book equity 1.90m NOK → 2.66m NOK (equity ratio 33.6% → 62.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.91×. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.90m NOK → 5.97m NOK (+4.08m NOK). Reported fact
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↑
Payroll decreased
Salary cost 8.28m NOK → 7.46m NOK (87% → 58% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 758.7k NOK → 196.9k NOK (-74.0% YoY). Calculated