FirmaIQ
Org.nr 991 997 075 2016 → 2017 Year-over-year analysis

ABENE AS: årsregnskap 2017 vs 2016

Shrank 36% on revenue, slipped into loss

approved 2018-05-22; registry 2018-06-04; journal 2018 390091

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABENE AS. Revenue 4.49m NOK → 2.88m NOK (-36.0%). Net result +794.9k NOK → -6 963 NOK. Equity 703.1k NOK → 546.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.49m NOK 2.88m NOK
-36.0%
Operating result
+79.2k NOK -2 279 NOK
-102.9%
Net result
+794.9k NOK -6 963 NOK
-100.9%
Equity
703.1k NOK 546.2k NOK
-22.3%
Cash
4.32m NOK 3.56m NOK
-17.6%
Total assets
5.29m NOK 4.17m NOK
-21.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.63m NOK → 2.45m NOK (58% → 85% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.49m NOK to 2.88m NOK (-36.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +79.2k NOK → -2 279 NOK (op. margin 1.8% → -0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 794.9k NOK profit to a loss of 6 963 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 703.1k NOK → 546.2k NOK (equity ratio 13.3% → 13.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.32m NOK → 3.56m NOK (-17.6% YoY). Calculated