FirmaIQ
Org.nr 997 109 937 2016 → 2017 Year-over-year analysis

ABOVO AS: årsregnskap 2017 vs 2016

Weaker earnings, cash halved-plus

approved 2018-05-16; registry 2018-05-31; journal 2018 379478

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABOVO AS. Revenue 940.7k NOK → 923.9k NOK (-1.8%). Net result -17.1k NOK → -230.7k NOK. Equity 460.8k NOK → 230.2k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
940.7k NOK 923.9k NOK
-1.8%
Operating result
-76.5k NOK -162.8k NOK
-112.7%
Net result
-17.1k NOK -230.7k NOK
-1248.0%
Equity
460.8k NOK 230.2k NOK
-50.1%
Cash
91.7k NOK 32.8k NOK
-64.2%
Total assets
573.8k NOK 335.3k NOK
-41.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 940.7k NOK to 923.9k NOK (-1.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -76.5k NOK → -162.8k NOK (op. margin -8.1% → -17.6%). Calculated

  • ↓

    Net result weakened

    Net result -17.1k NOK → -230.7k NOK (net margin -1.8% → -25.0%). Calculated

  • ↓

    Equity eroded

    Book equity 460.8k NOK → 230.2k NOK (equity ratio 80.3% → 68.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 91.7k NOK → 32.8k NOK (-64.2% YoY). Calculated