FirmaIQ
Org.nr 990 837 546 2016 → 2017 Year-over-year analysis

ABCONOR AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-05-31; registry 2018-06-20; journal 2018 516741

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABCONOR AS. Revenue 0 NOK → 160.0k NOK. Net result +7 227 NOK → +553.0k NOK. Equity 273.1k NOK → -279.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
0 NOK 160.0k NOK
—
Operating result
+13.5k NOK +492.7k NOK
+3536.5%
Net result
+7 227 NOK +553.0k NOK
+7551.7%
Equity
273.1k NOK -279.8k NOK
-202.4%
Cash
27.7k NOK 28.6k NOK
+3.2%
Total assets
293.1k NOK 161.9k NOK
-44.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 160.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result +13.5k NOK → +492.7k NOK. Calculated

  • ↑

    Net result improved

    Net result +7 227 NOK → +553.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 273.1k NOK → -279.8k NOK (equity ratio 93.2% → -172.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.39× → -6.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -172.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation