ABC SOLUTIONS AS: årsregnskap 2017 vs 2016
Shrank 61% on revenue, slipped into loss, cash halved-plus
approved 2018-05-15; registry 2018-05-28; journal 2018 363422
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC SOLUTIONS AS. Revenue 3.36m NOK → 1.31m NOK (-61.0%). Net result +268.6k NOK → -220.8k NOK. Equity 936.9k NOK → 109.2k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 109.2k NOK (+9 189 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.36m NOK to 1.31m NOK (-61.0% YoY). Calculated
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↓
Operating result weakened
Operating result +358.0k NOK → -288.1k NOK (op. margin 10.6% → -22.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 268.6k NOK profit to a loss of 220.8k NOK. Calculated
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↓
Equity eroded
Book equity 936.9k NOK → 109.2k NOK (equity ratio 218.9% → 21.8%). Calculated
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↓
Cash fell
Bank deposits 979.4k NOK → 86.8k NOK (-91.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.68m NOK → 974.5k NOK (-63.6% YoY). Calculated