ABCDEF AS: årsregnskap 2017 vs 2016
Grew 195912% on revenue, weaker earnings, cash halved-plus
approved 2018-06-11; registry 2018-06-20; journal 2018 514329
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABCDEF AS. Revenue 168 NOK → 329.3k NOK (+195911.9%). Net result +93.3k NOK → +10.6k NOK. Equity 10.47m NOK → 19.05m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABCDEF AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 168 NOK to 329.3k NOK (+195911.9% YoY). Calculated
-
↑
Operating result improved
Operating result +11.8k NOK → +234.1k NOK (op. margin 7034.5% → 71.1%). Calculated
-
↑
Equity strengthened
Book equity 10.47m NOK → 19.05m NOK (equity ratio 55.8% → 67.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.05× → 1.27×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +93.3k NOK → +10.6k NOK (net margin 55548.8% → 3.2%). Calculated
-
↓
Cash fell
Bank deposits 4 244 NOK → 5 NOK (-99.9% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 127.7k NOK → 34.0k NOK (-73.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 250.0k NOK → 17.74m NOK. Reported fact