Org.nr 992 729 406 2016 → 2017 Year-over-year analysis

ABC FORVALTNING AS: årsregnskap 2017 vs 2016

Shrank 87% on revenue

approved 2018-06-30; registry 2018-07-10; journal 2018 653436

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABC FORVALTNING AS. Revenue 2.05m NOK → 271.9k NOK (-86.7%). Equity 1.89m NOK → 1.72m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

2.05m NOK 271.9k NOK

-86.7%

Net result

+675.0k NOK n/m

—

Equity

1.89m NOK 1.72m NOK

-9.0%

Cash

1.43m NOK 1.23m NOK

-13.9%

Total assets

3.94m NOK 2.91m NOK

-26.3%

↑
Payroll decreased

Salary cost 806.8k NOK → 11.0k NOK (39% → 4% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.05m NOK to 271.9k NOK (-86.7% YoY). Calculated
↓
Equity eroded

Book equity 1.89m NOK → 1.72m NOK (equity ratio 48.0% → 59.2%). Calculated
↓
Cash fell

Bank deposits 1.43m NOK → 1.23m NOK (-13.9% YoY). Calculated

·
Book investments changed

Investment / intangible book value 314.8k NOK → 314 NOK. Reported fact