FirmaIQ
Org.nr 998 583 470 2016 → 2017 Year-over-year analysis

ABP ELEKTRO AS: årsregnskap 2017 vs 2016

Shrank 16% on revenue

approved 2018-04-03; registry 2018-07-18; journal 2018 709648

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABP ELEKTRO AS. Revenue 19.64m NOK → 16.53m NOK (-15.8%). Equity 4.94m NOK → 4.70m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABP ELEKTRO AS.

At a glance

Scorecard

Revenue
19.64m NOK 16.53m NOK
-15.8%
Operating result
+1.43m NOK n/m
—
Equity
4.94m NOK 4.70m NOK
-4.9%
Cash
6.31m NOK 4.72m NOK
-25.2%
Total assets
9.43m NOK 7.54m NOK
-20.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.64m NOK to 16.53m NOK (-15.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 4.94m NOK → 4.70m NOK (equity ratio 52.4% → 62.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.31m NOK → 4.72m NOK (-25.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.79m NOK → 2.89m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 6.48m NOK → 4.47m NOK (-31.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 77.4k NOK → 8 443 NOK. Reported fact