ABOX AS: årsregnskap 2017 vs 2016
Grew 11% on revenue, cash halved-plus
approved 2018-06-24; registry 2018-09-05; journal 2018 921812
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABOX AS. Revenue 3.25m NOK → 3.59m NOK (+10.7%). Equity 332.8k NOK → 304.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABOX AS.
At a glance
Scorecard
Revenue
3.25m NOK
3.59m NOK
+10.7%
Operating result
+66.3k NOK
n/m
—
Net result
+50.7k NOK
n/m
—
Equity
332.8k NOK
304.6k NOK
-8.5%
Cash
497.7k NOK
160.4k NOK
-67.8%
Total assets
99.1k NOK
714.4k NOK
+621.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.25m NOK to 3.59m NOK (+10.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 332.8k NOK → 304.6k NOK (equity ratio 335.9% → 42.6%). Calculated
-
↓
Cash fell
Bank deposits 497.7k NOK → 160.4k NOK (-67.8% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 169.3k NOK → 1.05m NOK (5% → 29% of revenue). Calculated