FirmaIQ
Org.nr 995 075 385 2016 → 2017 Year-over-year analysis

ABRA BESLAG AS: årsregnskap 2017 vs 2016

Grew 93% on revenue, stronger earnings, cash halved-plus

approved 2018-04-13; registry 2018-08-04; journal 2018 859259

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABRA BESLAG AS. Revenue 10.32m NOK → 19.97m NOK (+93.5%). Net result +155.9k NOK → +691.2k NOK. Equity 423.2k NOK → 3.12m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRA BESLAG AS.

At a glance

Scorecard

Revenue
10.32m NOK 19.97m NOK
+93.5%
Operating result
+365.0k NOK +544.6k NOK
+49.2%
Net result
+155.9k NOK +691.2k NOK
+343.3%
Equity
423.2k NOK 3.12m NOK
+637.9%
Cash
954.8k NOK 116.1k NOK
-87.8%
Total assets
5.06m NOK 8.41m NOK
+66.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.32m NOK to 19.97m NOK (+93.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +365.0k NOK → +544.6k NOK (op. margin 3.5% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +155.9k NOK → +691.2k NOK (net margin 1.5% → 3.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 423.2k NOK → 3.12m NOK (equity ratio 8.4% → 37.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 954.8k NOK → 116.1k NOK (-87.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.40m NOK → 5.83m NOK (43% → 29% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.18m NOK → 9.77m NOK (+133.8% YoY). Calculated