FirmaIQ
Org.nr 995 366 479 2016 → 2017 Year-over-year analysis

ABERIA AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2018-04-04; registry 2018-06-26; journal 2018 566294

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABERIA AS. Revenue 17.97m NOK → 16.48m NOK (-8.3%). Net result +40.75m NOK → +3.93m NOK. Equity 8.16bn NOK → 7.17bn NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABERIA AS.

At a glance

Scorecard

Revenue
17.97m NOK 16.48m NOK
-8.3%
Net result
+40.75m NOK +3.93m NOK
-90.4%
Equity
8.16bn NOK 7.17bn NOK
-12.2%
Cash
19.00m NOK 2.58m NOK
-86.4%
Total assets
424.11m NOK 396.87m NOK
-6.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.97m NOK to 16.48m NOK (-8.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +40.75m NOK → +3.93m NOK (net margin 226.8% → 23.8%). Calculated

  • ↓

    Equity eroded

    Book equity 8.16bn NOK → 7.17bn NOK (equity ratio 1924.7% → 1805.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.00m NOK → 2.58m NOK (-86.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.90m NOK → 6.38m NOK (33% → 39% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (19.00m NOK → 2.58m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation