Org.nr 988 976 881 2016 → 2017 Year-over-year analysis

ABACS AS: årsregnskap 2017 vs 2016

Grew 107% on revenue

approved 2018-06-27; registry 2018-07-04; journal 2018 619133

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABACS AS. Revenue 638.9k NOK → 1.32m NOK (+106.9%). Equity 12.08m NOK → 12.89m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABACS AS.

Scorecard

Revenue
638.9k NOK 1.32m NOK
+106.9%
Operating result
n/m +608.7k NOK
—
Net result
n/m +811.5k NOK
—
Equity
12.08m NOK 12.89m NOK
+6.7%
Cash
462.3k NOK 428.9k NOK
-7.2%
Total assets
15.22m NOK 17.05m NOK
+12.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 638.9k NOK to 1.32m NOK (+106.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 12.08m NOK → 12.89m NOK (equity ratio 79.4% → 75.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 462.3k NOK → 428.9k NOK (-7.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 203.9k NOK → 7 160 NOK (-96.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.80m NOK → 10.80m NOK. Reported fact