ABACUS IT AS: årsregnskap 2016 vs 2015
Grew 38% on revenue
approved 2017-05-16; registry 2017-06-08; journal 2017 403895
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABACUS IT AS. Revenue 24.51m NOK → 33.76m NOK (+37.8%). Equity 1.92m NOK → 4.25m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABACUS IT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.51m NOK to 33.76m NOK (+37.8% YoY). Calculated
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↑
Equity strengthened
Book equity 1.92m NOK → 4.25m NOK (equity ratio 12.9% → 24.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.82× → 1.06×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 907.0k NOK → 693.4k NOK (-23.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 188 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 6.31m NOK → 5.40m NOK (-14.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.58m NOK → 3.16m NOK. Reported fact