FirmaIQ
Org.nr 988 175 757 2016 → 2017 Year-over-year analysis

ABBRIVA INVEST AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-06-23; registry 2018-07-31; journal 2018 847082

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABBRIVA INVEST AS. Revenue 234.0k NOK → 240.1k NOK (+2.6%). Equity 349.3k NOK → 1.94m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABBRIVA INVEST AS.

At a glance

Scorecard

Revenue
234.0k NOK 240.1k NOK
+2.6%
Operating result
+183.1k NOK +208.7k NOK
+14.0%
Equity
349.3k NOK 1.94m NOK
+455.0%
Cash
86.7k NOK 34.4k NOK
-60.3%
Total assets
6.11m NOK 6.45m NOK
+5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 234.0k NOK to 240.1k NOK (+2.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +183.1k NOK → +208.7k NOK (op. margin 78.2% → 86.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 349.3k NOK → 1.94m NOK (equity ratio 5.7% → 30.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 86.7k NOK → 34.4k NOK (-60.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 26.28× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.53m NOK → 3.92m NOK. Reported fact