FirmaIQ
Org.nr 987 245 700 2016 → 2017 Year-over-year analysis

ABYSS AKVASERVICE AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-04-30; registry 2018-07-26; journal 2018 789725

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABYSS AKVASERVICE AS. Revenue 14.21bn NOK → 14.24bn NOK (+0.2%). Equity 77.51m NOK → 8.10bn NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.

At a glance

Scorecard

Revenue
14.21bn NOK 14.24bn NOK
+0.2%
Operating result
+34.29m NOK n/m
—
Equity
77.51m NOK 8.10bn NOK
+10357.2%
Cash
5.29m NOK 2.06m NOK
-61.1%
Total assets
318.92m NOK 367.25m NOK
+15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.21bn NOK to 14.24bn NOK (+0.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 77.51m NOK → 8.10bn NOK (equity ratio 24.3% → 2206.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.29m NOK → 2.06m NOK (-61.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.29m NOK → 2.06m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1 189 NOK → 190.9k NOK (+15953.2% YoY). Calculated