FirmaIQ
Org.nr 996 872 084 2016 → 2017 Year-over-year analysis

ABRA REGNSKAP OG RÅDGIVNING AS: årsregnskap 2017 vs 2016

Shrank 10% on revenue, slipped into loss

approved 2018-06-27; registry 2018-07-05; journal 2018 621393

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABRA REGNSKAP OG RÅDGIVNING AS. Revenue 3.73m NOK → 3.34m NOK (-10.4%). Net result +3 961 NOK → -7 531 NOK. Equity 75.5k NOK → 67.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRA REGNSKAP OG RÅDGIVNING AS.

At a glance

Scorecard

Revenue
3.73m NOK 3.34m NOK
-10.4%
Operating result
+6 609 NOK +4 198 NOK
-36.5%
Net result
+3 961 NOK -7 531 NOK
-290.1%
Equity
75.5k NOK 67.3k NOK
-10.8%
Cash
208.9k NOK 123.2k NOK
-41.0%
Total assets
833.7k NOK 896.7k NOK
+7.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.57m NOK → 2.46m NOK (69% → 74% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.73m NOK to 3.34m NOK (-10.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6 609 NOK → +4 198 NOK (op. margin 0.2% → 0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3 961 NOK profit to a loss of 7 531 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 75.5k NOK → 67.3k NOK (equity ratio 9.1% → 7.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 208.9k NOK → 123.2k NOK (-41.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation