Org.nr 978 660 185 2016 → 2017 Year-over-year analysis

ABO MASKIN AS: årsregnskap 2017 vs 2016

Grew 36% on revenue, returned to profit

approved 2018-05-03; registry 2018-05-30; journal 2018 375104

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABO MASKIN AS. Revenue 1.56m NOK → 2.12m NOK (+36.4%). Net result -211.8k NOK → +317.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABO MASKIN AS.

Scorecard

Revenue
1.56m NOK 2.12m NOK
+36.4%
Operating result
-194.4k NOK +335.5k NOK
+272.6%
Net result
-211.8k NOK +317.4k NOK
+249.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.56m NOK to 2.12m NOK (+36.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -194.4k NOK → +335.5k NOK (op. margin -12.5% → 15.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 211.8k NOK to a profit of 317.4k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 699.4k NOK → 649.8k NOK (45% → 31% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 128.5k NOK → 292.8k NOK (+127.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 129.2k NOK → 84.6k NOK. Reported fact