Org.nr 979 494 432 2016 → 2017 Year-over-year analysis

ABO INSTALLASJON AS: årsregnskap 2017 vs 2016

A steady year on the published lines

approved 2018-06-12; registry 2018-07-23; journal 2018 757302

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABO INSTALLASJON AS. Revenue 16.47m NOK → 15.84m NOK (-3.8%). Equity 100.0k NOK → 92.4k NOK.

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABO INSTALLASJON AS.

Scorecard

Revenue
16.47m NOK 15.84m NOK
-3.8%
Net result
n/m +1.66m NOK
—
Equity
100.0k NOK 92.4k NOK
-7.6%
Cash
2.54m NOK 1.67m NOK
-34.0%
Total assets
7.61m NOK 7.73m NOK
+1.6%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.80× → 1.59×. Calculated

  • ↑

    Payroll decreased

    Salary cost 6.10m NOK → 5.96m NOK (37% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.47m NOK to 15.84m NOK (-3.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 100.0k NOK → 92.4k NOK (equity ratio 1.3% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.54m NOK → 1.67m NOK (-34.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.97m NOK → 5.84m NOK (-2.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 1.00m NOK. Reported fact