ABACUS HOLDING AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-03-21; registry 2018-03-24; journal 2018 245102
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABACUS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +367.27m NOK → +1 115 NOK. Equity 2.00m NOK → 2.12m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Net result
+367.27m NOK
+1 115 NOK
-100.0%
Equity
2.00m NOK
2.12m NOK
+5.8%
Cash
1 418 NOK
179 NOK
-87.4%
Total assets
2.02m NOK
2.12m NOK
+4.9%
What improved
-
↑
Equity strengthened
Book equity 2.00m NOK → 2.12m NOK (equity ratio 99.2% → 100.0%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.65× → 6.42×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +367.27m NOK → +1 115 NOK. Calculated
-
↓
Cash fell
Bank deposits 1 418 NOK → 179 NOK (-87.4% YoY). Calculated