ABC 3 AS: årsregnskap 2017 vs 2016
Grew 99900% on revenue, cash halved-plus
approved 2018-03-22; registry 2018-07-02; journal 2018 582898
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC 3 AS. Revenue 960 NOK → 960.0k NOK (+99900.0%). Net result +20.03m NOK → +17.88m NOK. Equity 5.11m NOK → 7.82m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC 3 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 960 NOK to 960.0k NOK (+99900.0% YoY). Calculated
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↑
Equity strengthened
Book equity 5.11m NOK → 7.82m NOK (equity ratio 24.6% → 37.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +872.6k NOK → +622.8k NOK (op. margin 90898.2% → 64.9%). Calculated
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↓
Net result weakened
Net result +20.03m NOK → +17.88m NOK (net margin 2086036.4% → 1862.7%). Calculated
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↓
Cash fell
Bank deposits 2.49m NOK → 12.5k NOK (-99.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.49m NOK → 12.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 122.72m NOK → 121.08m NOK (-1.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12.72m NOK → 5 500 NOK. Reported fact