ABARIS CONSULTING AS: årsregnskap 2017 vs 2016
Shrank 6% on revenue, weaker earnings
approved 2018-06-21; registry 2018-11-14; journal 2018 933643
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABARIS CONSULTING AS. Revenue 5.83m NOK → 5.48m NOK (-6.0%). Net result +675.4k NOK → +346.9k NOK. Equity 2.28m NOK → 2.63m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABARIS CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.28m NOK → 2.63m NOK (equity ratio 44.5% → 55.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.83m NOK to 5.48m NOK (-6.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +590.2k NOK → +138.2k NOK (op. margin 10.1% → 2.5%). Calculated
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↓
Net result weakened
Net result +675.4k NOK → +346.9k NOK (net margin 11.6% → 6.3%). Calculated
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↓
Cash fell
Bank deposits 2.40m NOK → 1.32m NOK (-44.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.04m NOK → 3.94m NOK (52% → 72% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.2k NOK → 10.46m NOK. Reported fact