Org.nr 916 188 382 2016 → 2017 Year-over-year analysis

ABSOLUTT SPORTSREISER AS: årsregnskap 2017 vs 2016

Grew 11888% on revenue

approved 2018-05-28; registry 2018-06-05; journal 2018 406293

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABSOLUTT SPORTSREISER AS. Revenue 1 378 NOK → 165.2k NOK (+11887.8%). Equity 35.5k NOK → 37.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

1 378 NOK 165.2k NOK

+11887.8%

Net result

+26.4k NOK n/m

—

Equity

35.5k NOK 37.3k NOK

+4.9%

Cash

549.7k NOK 685.5k NOK

+24.7%

Total assets

757.3k NOK 886.2k NOK

+17.0%

↑
Revenue rose

Operating income / revenue moved from 1 378 NOK to 165.2k NOK (+11887.8% YoY). Calculated
↑
Equity strengthened

Book equity 35.5k NOK → 37.3k NOK (equity ratio 4.7% → 4.2%). Calculated
↑
Cash rose

Bank deposits 549.7k NOK → 685.5k NOK (+24.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation