ABO SERVICE AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-06-30; registry 2018-08-09; journal 2018 898620
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABO SERVICE AS. Revenue 3.56m NOK → 3.66m NOK (+3.0%). Equity 602.2k NOK → 674.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABO SERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.56m NOK to 3.66m NOK (+3.0% YoY). Calculated
-
↑
Equity strengthened
Book equity 602.2k NOK → 674.0k NOK (equity ratio 33.6% → 35.4%). Calculated
-
↑
Cash rose
Bank deposits 68.1k NOK → 3.18m NOK (+4571.5% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.63× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.42m NOK → 2.43m NOK (68% → 66% of revenue). Calculated