FirmaIQ
Org.nr 980 511 103 2016 → 2017 Year-over-year analysis

ABACUS AS: årsregnskap 2017 vs 2016

Grew 11% on revenue, stronger earnings

approved 2018-06-20; registry 2018-08-04; journal 2018 855459

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABACUS AS. Revenue 2.64m NOK → 2.92m NOK (+10.8%). Net result +44.7k NOK → +237.4k NOK. Equity 232.2k NOK → 359.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACUS AS.

At a glance

Scorecard

Revenue
2.64m NOK 2.92m NOK
+10.8%
Operating result
+59.3k NOK +313.9k NOK
+429.5%
Net result
+44.7k NOK +237.4k NOK
+431.1%
Equity
232.2k NOK 359.5k NOK
+54.9%
Cash
197.3k NOK 395.2k NOK
+100.3%
Total assets
651.0k NOK 9 980 NOK
-98.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.64m NOK to 2.92m NOK (+10.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +59.3k NOK → +313.9k NOK (op. margin 2.2% → 10.7%). Calculated

  • ↑

    Net result improved

    Net result +44.7k NOK → +237.4k NOK (net margin 1.7% → 8.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 232.2k NOK → 359.5k NOK (equity ratio 35.7% → 3602.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 197.3k NOK → 395.2k NOK (+100.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.49m NOK → 1.57m NOK (57% → 54% of revenue). Calculated