ABAS AS: årsregnskap 2017 vs 2016
Shrank 57% on revenue, returned to profit, cash halved-plus
approved 2018-05-31; registry 2018-06-09; journal 2018 451848
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABAS AS. Revenue 2.97m NOK → 1.29m NOK (-56.6%). Net result -52.4k NOK → +27.8k NOK. Equity 262.1k NOK → 289.8k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABAS AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 52.4k NOK to a profit of 27.8k NOK. Calculated
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↑
Equity strengthened
Book equity 262.1k NOK → 289.8k NOK (equity ratio 27.9% → 39.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.97m NOK to 1.29m NOK (-56.6% YoY). Calculated
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↓
Cash fell
Bank deposits 437.1k NOK → 191.5k NOK (-56.2% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 1.77m NOK → 4.63m NOK (+161.3% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 3 → 1. Reported fact