ABACTA AS: årsregnskap 2017 vs 2016
Grew 90% on revenue, stronger earnings
approved 2018-06-28; registry 2018-07-04; journal 2018 616621
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABACTA AS. Revenue 462.7k NOK → 879.4k NOK (+90.1%). Net result +8 NOK → +298.5k NOK. Equity 3.48m NOK → 3.18m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACTA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 462.7k NOK to 879.4k NOK (+90.1% YoY). Calculated
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↑
Net result improved
Net result +8 NOK → +298.5k NOK (net margin 0.0% → 33.9%). Calculated
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↑
Cash rose
Bank deposits 262.4k NOK → 680.1k NOK (+159.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 997.2k NOK → 816.8k NOK (216% → 93% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.48m NOK → 3.18m NOK (equity ratio 52.8% → 53.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 255 NOK → 2.25m NOK. Reported fact