FirmaIQ
Org.nr 984 204 442 2016 → 2017 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue

approved 2018-05-26; registry 2018-06-04; journal 2018 401171

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABSYN HOLDING AS. Revenue 2.25m NOK → 2.06m NOK (-8.4%). Net result +758.8k NOK → +671.4k NOK. Equity 3.98m NOK → 4.65m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSYN HOLDING AS.

At a glance

Scorecard

Revenue
2.25m NOK 2.06m NOK
-8.4%
Operating result
+754.1k NOK +668.6k NOK
-11.3%
Net result
+758.8k NOK +671.4k NOK
-11.5%
Equity
3.98m NOK 4.65m NOK
+16.9%
Cash
181.8k NOK 267.6k NOK
+47.2%
Total assets
4.38m NOK 5.08m NOK
+15.8%

What improved

  • ↑

    Equity strengthened

    Book equity 3.98m NOK → 4.65m NOK (equity ratio 90.7% → 91.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 181.8k NOK → 267.6k NOK (+47.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.25m NOK to 2.06m NOK (-8.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +754.1k NOK → +668.6k NOK (op. margin 33.5% → 32.4%). Calculated

  • ↓

    Net result weakened

    Net result +758.8k NOK → +671.4k NOK (net margin 33.7% → 32.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.03m NOK → 868.2k NOK (-15.5% YoY). Calculated