ABBAS GRUPPEN AS: årsregnskap 2017 vs 2016
Grew 165762% on revenue
approved 2018-07-30; registry 2018-08-06; journal 2018 876700
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABBAS GRUPPEN AS. Revenue 1 806 NOK → 3.00m NOK (+165762.1%). Equity -107.3k NOK → -45.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABBAS GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 806 NOK to 3.00m NOK (+165762.1% YoY). Calculated
-
↑
Equity strengthened
Book equity -107.3k NOK → -45.1k NOK (equity ratio -10.9% → -5.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 350.4k NOK → 310.5k NOK (-11.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 348.22× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 561 NOK → 1.02m NOK (142% → 34% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 523.7k NOK → 911.9k NOK (+74.1% YoY). Calculated