Org.nr 990 648 506 2016 → 2017 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2017 vs 2016

Shrank 95% on revenue

approved 2017-09-29; registry 2018-01-29; journal 2018 203520

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABAN INTERNATIONAL NORWAY AS. Revenue 77.28m NOK → 3.94m NOK (-94.9%). Equity 1.26bn NOK → 1.15bn NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

At a glance

Revenue

77.28m NOK 3.94m NOK

-94.9%

Net result

-6.69m NOK n/m

—

Equity

1.26bn NOK 1.15bn NOK

-8.8%

Cash

236.1k NOK 209.0k NOK

-11.5%

Total assets

1.56bn NOK 1.44bn NOK

-7.6%

↑
Payroll decreased

Salary cost 252.0k NOK → 11.1k NOK (0% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 77.28m NOK to 3.94m NOK (-94.9% YoY). Calculated
↓
Equity eroded

Book equity 1.26bn NOK → 1.15bn NOK (equity ratio 80.6% → 79.6%). Calculated
↓
Cash fell

Bank deposits 236.1k NOK → 209.0k NOK (-11.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.54bn NOK → 1.44bn NOK. Reported fact