ABEKA AS: årsregnskap 2017 vs 2016
Grew 624% on revenue, cash halved-plus
approved 2018-06-20; registry 2018-06-28; journal 2018 592662
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABEKA AS. Revenue 36.4k NOK → 263.5k NOK (+624.0%). Equity 15.82m NOK → 16.69m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABEKA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 36.4k NOK to 263.5k NOK (+624.0% YoY). Calculated
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↑
Equity strengthened
Book equity 15.82m NOK → 16.69m NOK (equity ratio 99.7% → 88.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.62m NOK → 1.35m NOK (-62.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.62m NOK → 1.35m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 59.4k NOK → 70.2k NOK (163% → 27% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 770.4k NOK → 3 NOK. Reported fact