Org.nr 987 493 348 2016 → 2017 Year-over-year analysis

ABACUS IT AS: årsregnskap 2017 vs 2016

Cash halved-plus, fresh owner capital

approved 2018-04-20; registry 2018-06-07; journal 2018 425960

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABACUS IT AS. Revenue 33.76m NOK → 34.16m NOK (+1.2%). Equity 4.25m NOK → 4.48m NOK.

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

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

Scorecard

Revenue
33.76m NOK 34.16m NOK
+1.2%
Equity
4.25m NOK 4.48m NOK
+5.3%
Cash
693.4k NOK 130.0k NOK
-81.2%
Total assets
17.72m NOK 15.49m NOK
-12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 33.76m NOK to 34.16m NOK (+1.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.25m NOK → 4.48m NOK (equity ratio 24.0% → 28.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 188 NOK → 188.0k NOK (+187.8k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 693.4k NOK → 130.0k NOK (-81.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.40m NOK → 5.65m NOK (+4.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.16m NOK → 59.0k NOK. Reported fact