Org.nr 996 095 819 2016 → 2017 Year-over-year analysis

ABSOLUTT ØKONOMI AS: årsregnskap 2017 vs 2016

Grew 19% on revenue

approved 2018-05-01; registry 2018-05-15; journal 2018 320557

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABSOLUTT ØKONOMI AS. Revenue 581.6k NOK → 689.3k NOK (+18.5%). Equity 39.1k NOK → 11.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSOLUTT ØKONOMI AS.

Scorecard

Revenue
581.6k NOK 689.3k NOK
+18.5%
Equity
39.1k NOK 11.7k NOK
-70.0%
Cash
41.6k NOK 67.8k NOK
+63.1%
Total assets
117.5k NOK 131.1k NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 581.6k NOK to 689.3k NOK (+18.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 41.6k NOK → 67.8k NOK (+63.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 39.1k NOK → 11.7k NOK (equity ratio 33.3% → 9.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation