Org.nr 914 590 876 2016 → 2017 Year-over-year analysis

ABAC BYGG AS: årsregnskap 2017 vs 2016

Shrank 43% on revenue

approved 2018-07-20; registry 2018-07-25; journal 2018 787725

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABAC BYGG AS. Revenue 833.4k NOK → 474.4k NOK (-43.1%). Equity -23.7k NOK → 90.7k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAC BYGG AS.

Scorecard

Revenue
833.4k NOK 474.4k NOK
-43.1%
Equity
-23.7k NOK 90.7k NOK
+482.6%
Cash
125.2k NOK 311.9k NOK
+149.1%
Total assets
454.7k NOK 656.0k NOK
+44.3%

What improved

  • ↑

    Equity strengthened

    Book equity -23.7k NOK → 90.7k NOK (equity ratio -5.2% → 13.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 125.2k NOK → 311.9k NOK (+149.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.78× → 1.04×. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.58m NOK → 1.07m NOK (429% → 225% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 833.4k NOK to 474.4k NOK (-43.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 38.3k NOK → 67.0k NOK (+74.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 5 000 NOK. Reported fact