ABACUS PLM SOLUTIONS AS: årsregnskap 2017 vs 2016
Grew 176% on revenue, returned to profit
approved 2018-06-30; registry 2018-08-01; journal 2018 860987
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABACUS PLM SOLUTIONS AS. Revenue 921.3k NOK → 2.55m NOK (+176.5%). Net result -121.6k NOK → +382.9k NOK. Equity -52.5k NOK → 333.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABACUS PLM SOLUTIONS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 921.3k NOK to 2.55m NOK (+176.5% YoY). Calculated
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Operating result improved
Operating result -120.4k NOK → +466.6k NOK (op. margin -13.1% → 18.3%). Calculated
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Turned profitable
Net result flipped from a loss of 121.6k NOK to a profit of 382.9k NOK. Calculated
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Equity strengthened
Book equity -52.5k NOK → 333.6k NOK (equity ratio -10.7% → 42.6%). Calculated
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Cash rose
Bank deposits 265.0k NOK → 395.1k NOK (+49.1% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 69.1k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation