AB-M AS: årsregnskap 2018 vs 2017
Shrank 13% on revenue
approved 2019-06-30; registry 2019-07-16; journal 2019 724608
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AB-M AS. Revenue 1.99m NOK → 1.72m NOK (-13.4%). Equity 3.01m NOK → 4.39m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AB-M AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.01m NOK → 4.39m NOK (equity ratio 49.2% → 89.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.30× → 1.38×. Calculated
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↑
Payroll decreased
Salary cost 4.55m NOK → 1 NOK (229% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.99m NOK to 1.72m NOK (-13.4% YoY). Calculated
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↓
Operating result weakened
Operating result +776.2k NOK → +628.7k NOK (op. margin 39.0% → 36.5%). Calculated
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↓
Cash fell
Bank deposits 894.5k NOK → 510.7k NOK (-42.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 563.8k NOK → 478.6k NOK (-15.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.00m NOK → 97.6k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1.3 → 1. Reported fact