FirmaIQ
Org.nr 980 402 320 2016 → 2017 Year-over-year analysis

ABENA NORGE AS: årsregnskap 2017 vs 2016

Shrank 7% on revenue, weaker earnings

approved 2017-09-05; registry 2017-10-03; journal 2017 889908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABENA NORGE AS. Revenue 104.15m NOK → 97.36m NOK (-6.5%). Net result +9.62m NOK → +620 NOK. Equity 17.82m NOK → 20.73m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABENA NORGE AS.

At a glance

Scorecard

Revenue
104.15m NOK 97.36m NOK
-6.5%
Operating result
+3.77m NOK +3.12m NOK
-17.3%
Net result
+9.62m NOK +620 NOK
-100.0%
Equity
17.82m NOK 20.73m NOK
+16.3%
Cash
614.3k NOK 802.9k NOK
+30.7%
Total assets
29.51m NOK 35.71m NOK
+21.0%

What improved

  • ↑

    Equity strengthened

    Book equity 17.82m NOK → 20.73m NOK (equity ratio 60.4% → 58.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 614.3k NOK → 802.9k NOK (+30.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 104.15m NOK to 97.36m NOK (-6.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.77m NOK → +3.12m NOK (op. margin 3.6% → 3.2%). Calculated

  • ↓

    Net result weakened

    Net result +9.62m NOK → +620 NOK (net margin 9.2% → 0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 12.51m NOK → 15.38m NOK (12% → 16% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 79.75m NOK → 69.53m NOK (-12.8% YoY). Calculated