FirmaIQ
Org.nr 915 331 262 2016 → 2017 Year-over-year analysis

ABOT AS: årsregnskap 2017 vs 2016

Grew 35% on revenue

approved 2018-05-22; registry 2018-06-02; journal 2018 386393

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABOT AS. Revenue 26.09m NOK → 35.09m NOK (+34.5%). Net result +224.0k NOK → +213.4k NOK. Equity 625.3k NOK → 838.7k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABOT AS.

At a glance

Scorecard

Revenue
26.09m NOK 35.09m NOK
+34.5%
Operating result
+306.2k NOK +373.8k NOK
+22.0%
Net result
+224.0k NOK +213.4k NOK
-4.7%
Equity
625.3k NOK 838.7k NOK
+34.1%
Cash
214.2k NOK 2.61m NOK
+1119.3%
Total assets
6.02m NOK 12.33m NOK
+104.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.09m NOK to 35.09m NOK (+34.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +306.2k NOK → +373.8k NOK (op. margin 1.2% → 1.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 625.3k NOK → 838.7k NOK (equity ratio 10.4% → 6.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 214.2k NOK → 2.61m NOK (+1119.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 15.44m NOK → 22.37m NOK (+44.9% YoY). Calculated