ABP KONSULT AS: årsregnskap 2017 vs 2016
Grew 20% on revenue
approved 2018-02-12; registry 2018-03-13; journal 2018 229025
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABP KONSULT AS. Revenue 1.47m NOK → 1.77m NOK (+19.7%). Equity 4.23m NOK → 295.8k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABP KONSULT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.47m NOK to 1.77m NOK (+19.7% YoY). Calculated
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↑
Cash rose
Bank deposits 47.8k NOK → 52.2k NOK (+9.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 527.5k NOK → 503.6k NOK (36% → 29% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 4.23m NOK → 295.8k NOK (equity ratio 774.8% → 6.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.35× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation