Org.nr 954 634 388 2016 → 2017 Year-over-year analysis

ABA-TECH AS: årsregnskap 2017 vs 2016

Shrank 62% on revenue

approved 2018-06-30; registry 2018-07-25; journal 2018 780985

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABA-TECH AS. Revenue 20.88m NOK → 7.84m NOK (-62.5%). Equity 1.05m NOK → 771.4k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA-TECH AS.

At a glance

Revenue

20.88m NOK 7.84m NOK

-62.5%

Operating result

+1 254 NOK n/m

—

Net result

+901.0k NOK n/m

—

Equity

1.05m NOK 771.4k NOK

-26.3%

Cash

144.3k NOK 635.4k NOK

+340.3%

Total assets

3.97m NOK 4.49m NOK

+13.1%

↓
Revenue fell

Operating income / revenue moved from 20.88m NOK to 7.84m NOK (-62.5% YoY). Calculated
↓
Equity eroded

Book equity 1.05m NOK → 771.4k NOK (equity ratio 26.4% → 17.2%). Calculated