Org.nr 990 981 760 2016 → 2017 Year-over-year analysis

ABS SHOOTING AS: årsregnskap 2017 vs 2016

Grew 8% on revenue

approved 2018-05-09; registry 2018-05-29; journal 2018 368246

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABS SHOOTING AS. Revenue 7.42m NOK → 8.02m NOK (+8.1%). Equity 1.22m NOK → 1.32m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

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

At a glance

Revenue

7.42m NOK 8.02m NOK

+8.1%

Operating result

+328.4k NOK +209.6k NOK

-36.2%

Equity

1.22m NOK 1.32m NOK

+8.2%

Cash

253.5k NOK 187.4k NOK

-26.1%

Total assets

1.89m NOK 2.38m NOK

+25.9%

↑
Revenue rose

Operating income / revenue moved from 7.42m NOK to 8.02m NOK (+8.1% YoY). Calculated
↑
Equity strengthened

Book equity 1.22m NOK → 1.32m NOK (equity ratio 64.5% → 55.5%). Calculated

↓
Operating result weakened

Operating result +328.4k NOK → +209.6k NOK (op. margin 4.4% → 2.6%). Calculated
↓
Cash fell

Bank deposits 253.5k NOK → 187.4k NOK (-26.1% YoY). Calculated

·
Payroll increased

Salary cost 496.2k NOK → 501.3k NOK (7% → 6% of revenue). Calculated
·
COGS moved

COGS / varekostnad 6.07m NOK → 6.80m NOK (+12.1% YoY). Calculated