ABRY DESIGN AS: årsregnskap 2017 vs 2016
Shrank 35% on revenue, weaker earnings
approved 2018-03-05; registry 2018-03-07; journal 2018 223181
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRY DESIGN AS. Revenue 127.7k NOK → 82.8k NOK (-35.2%). Net result +96.3k NOK → +16.3k NOK. Equity 540 NOK → 496.3k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 540 NOK → 496.3k NOK (equity ratio 0.1% → 89.2%). Calculated
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↑
Cash rose
Bank deposits 56.4k NOK → 65.8k NOK (+16.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 127.7k NOK to 82.8k NOK (-35.2% YoY). Calculated
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↓
Operating result weakened
Operating result +96.6k NOK → +16.2k NOK (op. margin 75.7% → 19.6%). Calculated
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↓
Net result weakened
Net result +96.3k NOK → +16.3k NOK (net margin 75.4% → 19.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 152.6k NOK → 141.5k NOK. Reported fact