ABELCO AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, returned to profit, cash halved-plus
approved 2018-06-29; registry 2018-07-09; journal 2018 660150
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABELCO AS. Revenue 295.0k NOK → 360 NOK (-99.9%). Net result -24.4k NOK → +49.2k NOK. Equity 1.23m NOK → 1.28m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +22.0k NOK → +111.8k NOK (op. margin 7.5% → 31067.2%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 24.4k NOK to a profit of 49.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 1.23m NOK → 1.28m NOK (equity ratio 47.2% → 50.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 295.0k NOK to 360 NOK (-99.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 43.7k NOK → 20.4k NOK (-53.5% YoY). Calculated