ABC TEKSTPRODUKSJON AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, returned to profit
approved 2018-05-25; registry 2018-07-11; journal 2018 708680
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC TEKSTPRODUKSJON AS. Revenue 290.8k NOK → 1 180 NOK (-99.6%). Net result -135.9k NOK → +693.8k NOK. Equity 4.87m NOK → 5.56m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC TEKSTPRODUKSJON AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -241.2k NOK → +327.5k NOK (op. margin -82.9% → 27751.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 135.9k NOK to a profit of 693.8k NOK. Calculated
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↑
Equity strengthened
Book equity 4.87m NOK → 5.56m NOK (equity ratio 95.3% → 91.6%). Calculated
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↑
Cash rose
Bank deposits 150.8k NOK → 189.7k NOK (+25.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 290.8k NOK to 1 180 NOK (-99.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.03× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.31m NOK → 805.7k NOK. Reported fact