ABA-SKOL AS: årsregnskap 2018 vs 2017
Shrank 18% on revenue, returned to profit, cash halved-plus
approved 2019-05-06; registry 2019-06-26; journal 2019 536392
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABA-SKOL AS. Revenue 3.92m NOK → 3.19m NOK (-18.5%). Net result -755.0k NOK → +211.1k NOK. Equity -83.3k NOK → 127.8k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA-SKOL AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 755.0k NOK to a profit of 211.1k NOK. Calculated
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↑
Equity strengthened
Book equity -83.3k NOK → 127.8k NOK (equity ratio -8.9% → 13.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.92m NOK to 3.19m NOK (-18.5% YoY). Calculated
-
↓
Cash fell
Bank deposits 18.8k NOK → 2 925 NOK (-84.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.70m NOK → 1.26m NOK (-53.3% YoY). Calculated