FirmaIQ
Org.nr 982 085 160 2016 → 2017 Year-over-year analysis

ABB AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-03-16; registry 2018-05-23; journal 2018 335367

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABB AS. Revenue 9.06bn NOK → 8.63bn NOK (-4.8%). Net result +315.44m NOK → +298.10m NOK. Equity 1.73bn NOK → 1.64bn NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABB AS.

At a glance

Scorecard

Revenue
9.06bn NOK 8.63bn NOK
-4.8%
Operating result
+367.8k NOK +406.4k NOK
+10.5%
Net result
+315.44m NOK +298.10m NOK
-5.5%
Equity
1.73bn NOK 1.64bn NOK
-4.7%
Cash
37.81m NOK 7.25m NOK
-80.8%
Total assets
6.65bn NOK 6.03bn NOK
-9.4%

What improved

  • ↑

    Operating result improved

    Operating result +367.8k NOK → +406.4k NOK (op. margin 0.0% → 0.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.06bn NOK to 8.63bn NOK (-4.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +315.44m NOK → +298.10m NOK (net margin 3.5% → 3.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.73bn NOK → 1.64bn NOK (equity ratio 26.0% → 27.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.81m NOK → 7.25m NOK (-80.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (37.81m NOK → 7.25m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 309.0k NOK → 553.4k NOK. Reported fact