ABACOM AS: årsregnskap 2017 vs 2016
Grew 50% on revenue
approved 2018-06-30; registry 2018-07-30; journal 2018 814276
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABACOM AS. Revenue 3.18m NOK → 4.77m NOK (+49.9%). Net result +329.2k NOK → +264.5k NOK. Equity 1 127 NOK → 497.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.18m NOK to 4.77m NOK (+49.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1 127 NOK → 497.7k NOK (equity ratio 0.1% → 39.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +454.2k NOK → -279.9k NOK (op. margin 14.3% → -5.9%). Calculated
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↓
Net result weakened
Net result +329.2k NOK → +264.5k NOK (net margin 10.3% → 5.5%). Calculated
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↓
Cash fell
Bank deposits 313.2k NOK → 223.4k NOK (-28.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.36× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 20.2k NOK → 1.48m NOK (1% → 31% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.82m NOK → 3.09m NOK (+9.6% YoY). Calculated