FirmaIQ
Org.nr 991 387 358 2016 → 2017 Year-over-year analysis

ABBEDISSEN TAKSERING AS: årsregnskap 2017 vs 2016

Shrank 50% on revenue, stronger earnings

approved 2018-05-23; registry 2018-07-12; journal 2018 690240

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABBEDISSEN TAKSERING AS. Revenue 1.81m NOK → 906.9k NOK (-49.8%). Net result -220.4k NOK → -108.6k NOK. Equity 222.0k NOK → 6.11m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.81m NOK 906.9k NOK
-49.8%
Operating result
-221.5k NOK -110.6k NOK
+50.1%
Net result
-220.4k NOK -108.6k NOK
+50.7%
Equity
222.0k NOK 6.11m NOK
+2653.9%
Cash
344.4k NOK 381.3k NOK
+10.7%
Total assets
689.7k NOK 3 744 NOK
-99.5%

What improved

  • ↑

    Operating result improved

    Operating result -221.5k NOK → -110.6k NOK (op. margin -12.3% → -12.2%). Calculated

  • ↑

    Net result improved

    Net result -220.4k NOK → -108.6k NOK (net margin -12.2% → -12.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 222.0k NOK → 6.11m NOK (equity ratio 32.2% → 163284.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 344.4k NOK → 381.3k NOK (+10.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.59m NOK → 1.46m NOK (88% → 161% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 906.9k NOK (-49.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.20× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated