FirmaIQ
Org.nr 962 093 914 2016 → 2017 Year-over-year analysis

ABAKUS NORGE AS: årsregnskap 2017 vs 2016

Weaker earnings, cash halved-plus

approved 2018-05-29; registry 2018-06-13; journal 2018 469798

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABAKUS NORGE AS. Revenue 0 NOK → 12.9k NOK. Net result +687.9k NOK → +50.3k NOK. Equity -85.8k NOK → -136.1k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAKUS NORGE AS.

At a glance

Scorecard

Revenue
0 NOK 12.9k NOK
—
Operating result
+27.0k NOK +50.4k NOK
+86.8%
Net result
+687.9k NOK +50.3k NOK
-92.7%
Equity
-85.8k NOK -136.1k NOK
-58.6%
Cash
85.1k NOK 23.6k NOK
-72.3%
Total assets
143.5k NOK 93.2k NOK
-35.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 12.9k NOK. Calculated

  • ↑

    Operating result improved

    Operating result +27.0k NOK → +50.4k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +687.9k NOK → +50.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -85.8k NOK → -136.1k NOK (equity ratio -59.8% → -146.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 85.1k NOK → 23.6k NOK (-72.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -146.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation