FirmaIQ
Org.nr 914 944 961 2016 → 2017 Year-over-year analysis

ABRY & KAVANAGH DESIGN AS: årsregnskap 2017 vs 2016

Grew 37% on revenue, stronger earnings

approved 2018-05-30; registry 2018-07-19; journal 2018 735349

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABRY & KAVANAGH DESIGN AS. Revenue 1.90m NOK → 2.61m NOK (+37.2%). Net result +173.2k NOK → +245.5k NOK. Equity 281.7k NOK → 527.3k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABRY & KAVANAGH DESIGN AS.

At a glance

Scorecard

Revenue
1.90m NOK 2.61m NOK
+37.2%
Operating result
+174.4k NOK +246.8k NOK
+41.5%
Net result
+173.2k NOK +245.5k NOK
+41.8%
Equity
281.7k NOK 527.3k NOK
+87.1%
Cash
222.3k NOK 120.7k NOK
-45.7%
Total assets
618.7k NOK 985.6k NOK
+59.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.90m NOK to 2.61m NOK (+37.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +174.4k NOK → +246.8k NOK (op. margin 9.2% → 9.5%). Calculated

  • ↑

    Net result improved

    Net result +173.2k NOK → +245.5k NOK (net margin 9.1% → 9.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 281.7k NOK → 527.3k NOK (equity ratio 45.5% → 53.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 222.3k NOK → 120.7k NOK (-45.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 31.2k NOK → 270.4k NOK (+766.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 324 NOK → 7 824 NOK. Reported fact