ABEL CAPITAL MANAGEMENT AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, stronger earnings
approved 2018-05-31; registry 2018-08-01; journal 2018 894766
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABEL CAPITAL MANAGEMENT AS. Revenue 840.1k NOK → 1 126 NOK (-99.9%). Net result -246.9k NOK → -76.4k NOK. Equity 111.4k NOK → 35.0k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -246.9k NOK → -76.4k NOK (net margin -29.4% → -6784.7%). Calculated
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↑
Cash rose
Bank deposits 214.7k NOK → 248.4k NOK (+15.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 840.1k NOK to 1 126 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 111.4k NOK → 35.0k NOK (equity ratio 39.4% → 11.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 4 944 NOK → 4.98m NOK (1% → 442572% of revenue). Calculated