ABIA AS: årsregnskap 2017 vs 2016
Shrank 49% on revenue, stronger earnings, cash halved-plus
approved 2018-05-11; registry 2018-06-09; journal 2018 438110
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABIA AS. Revenue 1.32m NOK → 669.9k NOK (-49.4%). Net result +13.9k NOK → +57.0k NOK. Equity 93.1k NOK → 150.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABIA AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +25.4k NOK → +77.6k NOK (op. margin 1.9% → 11.6%). Calculated
-
↑
Net result improved
Net result +13.9k NOK → +57.0k NOK (net margin 1.1% → 8.5%). Calculated
-
↑
Equity strengthened
Book equity 93.1k NOK → 150.1k NOK (equity ratio 16.7% → 28.6%). Calculated
-
↑
Payroll decreased
Salary cost 439.6k NOK → 358.2k NOK (33% → 53% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.32m NOK to 669.9k NOK (-49.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 438.1k NOK → 133.0k NOK (-69.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 510.2k NOK → 32.6k NOK (-93.6% YoY). Calculated