ABX FRITID AS: årsregnskap 2017 vs 2016
Grew 73% on revenue, returned to profit, cash halved-plus
approved 2018-04-30; registry 2018-08-01; journal 2018 853485
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABX FRITID AS. Revenue 81.7k NOK → 141.5k NOK (+73.2%). Net result -43.4k NOK → +28.9k NOK. Equity -21.0k NOK → 7 842 NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 81.7k NOK to 141.5k NOK (+73.2% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 43.4k NOK to a profit of 28.9k NOK. Calculated
-
↑
Equity strengthened
Book equity -21.0k NOK → 7 842 NOK (equity ratio -35.0% → 16.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.88× → 1.20×. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 627.4k NOK → 1 324 NOK (-99.8% YoY). Calculated