FirmaIQ
Org.nr 917 072 833 2016 → 2017 Year-over-year analysis

ABSOLUIT AS: årsregnskap 2017 vs 2016

Grew 106072% on revenue, stronger earnings

approved 2018-04-12; registry 2018-07-19; journal 2018 739149

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABSOLUIT AS. Revenue 2 261 NOK → 2.40m NOK (+106072.2%). Net result +36.2k NOK → +71.3k NOK. Equity 66.2k NOK → 137.5k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABSOLUIT AS.

At a glance

Scorecard

Revenue
2 261 NOK 2.40m NOK
+106072.2%
Operating result
n/m +103.2k NOK
—
Net result
+36.2k NOK +71.3k NOK
+97.0%
Equity
66.2k NOK 137.5k NOK
+107.7%
Cash
173.5k NOK 280.0k NOK
+61.4%
Total assets
344.7k NOK 280.0k NOK
-18.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 261 NOK to 2.40m NOK (+106072.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +36.2k NOK → +71.3k NOK (net margin 1600.5% → 3.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 66.2k NOK → 137.5k NOK (equity ratio 19.2% → 49.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 173.5k NOK → 280.0k NOK (+61.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2 206 NOK → 2.26m NOK (+102411.3% YoY). Calculated