FirmaIQ
Org.nr 984 086 822 2016 → 2017 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-30; registry 2018-07-19; journal 2018 721871

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABUS ENTREPRENØR AS. Revenue 11.77m NOK → 12.09m NOK (+2.8%). Net result +2.26m NOK → +4.73m NOK. Equity 4.45m NOK → 3.68m NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.

At a glance

Scorecard

Revenue
11.77m NOK 12.09m NOK
+2.8%
Net result
+2.26m NOK +4.73m NOK
+109.6%
Equity
4.45m NOK 3.68m NOK
-17.2%
Cash
6.19m NOK 5.33m NOK
-14.0%
Total assets
10.88m NOK 9.85m NOK
-9.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.77m NOK to 12.09m NOK (+2.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.26m NOK → +4.73m NOK (net margin 19.2% → 39.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.71m NOK → 3.10m NOK (32% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.45m NOK → 3.68m NOK (equity ratio 40.9% → 37.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.19m NOK → 5.33m NOK (-14.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.80m NOK → 3.11m NOK (-18.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.29m NOK → 2 290 NOK. Reported fact