A-BAD AS: årsregnskap 2017 vs 2016
Grew 7% on revenue, cash halved-plus
approved 2018-09-12; registry 2018-09-15; journal 2018 924075
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-BAD AS. Revenue 13.79m NOK → 14.80m NOK (+7.4%). Equity 960.9k NOK → 1 197 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.79m NOK to 14.80m NOK (+7.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +832.8k NOK → +355.5k NOK (op. margin 6.0% → 2.4%). Calculated
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↓
Equity eroded
Book equity 960.9k NOK → 1 197 NOK (equity ratio 29.1% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 619.2k NOK → 81.0k NOK (-86.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 9.72m NOK → 10.97m NOK (+12.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 500.5k NOK → 500 NOK. Reported fact