FirmaIQ
Org.nr 982 561 450 2016 → 2017 Year-over-year analysis

ABC-COMPANY E-SKUVLA AS: årsregnskap 2017 vs 2016

Shrank 28% on revenue, slipped into loss, cash halved-plus

approved 2018-06-29; registry 2018-08-02; journal 2018 853529

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABC-COMPANY E-SKUVLA AS. Revenue 6.01m NOK → 4.31m NOK (-28.3%). Net result +747.4k NOK → -274.5k NOK. Equity 567.7k NOK → 1.29m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.

At a glance

Scorecard

Revenue
6.01m NOK 4.31m NOK
-28.3%
Operating result
+940.5k NOK +187.5k NOK
-80.1%
Net result
+747.4k NOK -274.5k NOK
-136.7%
Equity
567.7k NOK 1.29m NOK
+127.8%
Cash
579.6k NOK 72.0k NOK
-87.6%
Total assets
2.86m NOK 3.46m NOK
+20.9%

What improved

  • ↑

    Equity strengthened

    Book equity 567.7k NOK → 1.29m NOK (equity ratio 19.8% → 37.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.56m NOK → 2.26m NOK (59% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.01m NOK to 4.31m NOK (-28.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +940.5k NOK → +187.5k NOK (op. margin 15.6% → 4.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 747.4k NOK profit to a loss of 274.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 579.6k NOK → 72.0k NOK (-87.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.27m NOK → 10.43m NOK. Reported fact