ABV AS: årsregnskap 2017 vs 2016
Grew 7432% on revenue
approved 2018-06-29; registry 2018-07-07; journal 2018 632787
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABV AS. Revenue 507 NOK → 38.2k NOK (+7431.8%). Net result +560 NOK → +1 499 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABV AS.
At a glance
Scorecard
Revenue
507 NOK
38.2k NOK
+7431.8%
Net result
+560 NOK
+1 499 NOK
+167.7%
Equity
n/m
1.02m NOK
—
Cash
467 NOK
4 521 NOK
+868.1%
Total assets
0 NOK
12.08m NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 507 NOK to 38.2k NOK (+7431.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 467 NOK → 4 521 NOK (+868.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.73× → 1721.58×. Calculated
Things to notice
-
·
Payroll increased
Salary cost 50 NOK → 18.2k NOK (10% → 48% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 688 NOK → 10.3k NOK (+1394.8% YoY). Calculated