Org.nr 989 332 287 2016 → 2017 Year-over-year analysis

ABACOS CONSULTING AS: årsregnskap 2017 vs 2016

A steady year on the published lines

approved 2018-05-04; registry 2018-07-12; journal 2018 697002

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABACOS CONSULTING AS. Revenue 2.11m NOK → 2.08m NOK (-1.1%). Net result +946.8k NOK → +938.3k NOK. Equity 107.0k NOK → 100.0k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACOS CONSULTING AS.

Scorecard

Revenue
2.11m NOK 2.08m NOK
-1.1%
Operating result
+1.26m NOK +1.23m NOK
-2.2%
Net result
+946.8k NOK +938.3k NOK
-0.9%
Equity
107.0k NOK 100.0k NOK
-6.6%
Cash
1.39m NOK 1.54m NOK
+10.6%
Total assets
1.58m NOK 1.56m NOK
-1.2%

What improved

  • ↑

    Cash rose

    Bank deposits 1.39m NOK → 1.54m NOK (+10.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.11m NOK to 2.08m NOK (-1.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.26m NOK → +1.23m NOK (op. margin 59.9% → 59.2%). Calculated

  • ↓

    Equity eroded

    Book equity 107.0k NOK → 100.0k NOK (equity ratio 6.8% → 6.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation