Org.nr 988 121 541 2016 → 2017 Year-over-year analysis

ABT ANLEGGSGARTNER AS: årsregnskap 2017 vs 2016

Shrank 22% on revenue, returned to profit

approved 2018-06-30; registry 2018-07-23; journal 2018 756526

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABT ANLEGGSGARTNER AS. Revenue 14.42m NOK → 11.21m NOK (-22.3%). Net result -737.3k NOK → +377.9k NOK. Equity 863.4k NOK → 241.3k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABT ANLEGGSGARTNER AS.

Scorecard

Revenue
14.42m NOK 11.21m NOK
-22.3%
Net result
-737.3k NOK +377.9k NOK
+151.3%
Equity
863.4k NOK 241.3k NOK
-72.1%
Cash
114.3k NOK 117.8k NOK
+3.0%
Total assets
6.48m NOK 5.50m NOK
-15.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 737.3k NOK to a profit of 377.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 114.3k NOK → 117.8k NOK (+3.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.42m NOK to 11.21m NOK (-22.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 863.4k NOK → 241.3k NOK (equity ratio 13.3% → 4.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 406.3k NOK → 316.7k NOK. Reported fact