ABSOLUTESKILLS AS: årsregnskap 2017 vs 2016
Shrank 10% on revenue
approved 2018-06-26; registry 2018-07-04; journal 2018 611469
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABSOLUTESKILLS AS. Revenue 2.99m NOK → 2.70m NOK (-9.7%). Equity 2.30m NOK → 1.94m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.99m NOK
2.70m NOK
-9.7%
Net result
n/m
+843.6k NOK
—
Equity
2.30m NOK
1.94m NOK
-15.5%
Cash
1.60m NOK
1.60m NOK
+0.3%
Total assets
3.62m NOK
3.38m NOK
-6.7%
What improved
-
↑
Cash rose
Bank deposits 1.60m NOK → 1.60m NOK (+0.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.31m NOK → 1.07m NOK (44% → 40% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.99m NOK to 2.70m NOK (-9.7% YoY). Calculated
-
↓
Equity eroded
Book equity 2.30m NOK → 1.94m NOK (equity ratio 63.6% → 57.6%). Calculated