Org.nr 917 507 899 2016 → 2017 Year-over-year analysis

ABADIA AS: årsregnskap 2017 vs 2016

Grew 42% on revenue, fresh owner capital

approved 2018-06-29; registry 2018-07-23; journal 2018 754199

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABADIA AS. Revenue 310.7k NOK → 442.7k NOK (+42.5%). Equity 2.46m NOK → 5.46m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

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

Scorecard

Revenue
310.7k NOK 442.7k NOK
+42.5%
Operating result
-1 394 NOK n/m
—
Equity
2.46m NOK 5.46m NOK
+122.4%
Cash
2 495 NOK 63.3k NOK
+2438.0%
Total assets
3.11m NOK 1.30m NOK
-58.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 310.7k NOK to 442.7k NOK (+42.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.46m NOK → 5.46m NOK (equity ratio 78.9% → 421.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 495 NOK → 63.3k NOK (+2438.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2 455 NOK → 462.7k NOK (+460.3k NOK). Reported fact

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.23× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 682 NOK → 384.7k NOK (1% → 87% of revenue). Calculated