Org.nr 994 613 413 2016 → 2017 Year-over-year analysis

ABC REVISJON AS: årsregnskap 2017 vs 2016

Grew 7% on revenue

approved 2018-05-23; registry 2018-07-31; journal 2018 830495

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABC REVISJON AS. Revenue 6.55m NOK → 7.02m NOK (+7.3%). Equity 120.0k NOK → 12.1k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC REVISJON AS.

Scorecard

Revenue
6.55m NOK 7.02m NOK
+7.3%
Equity
120.0k NOK 12.1k NOK
-89.9%
Cash
1.41m NOK 1.47m NOK
+4.4%
Total assets
3.33m NOK 3.74m NOK
+12.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.55m NOK to 7.02m NOK (+7.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 1.47m NOK (+4.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.01×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 120.0k NOK → 12.1k NOK (equity ratio 3.6% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation