ABAC BYGG AS: årsregnskap 2018 vs 2017
Grew 377% on revenue, cash halved-plus
approved 2019-07-15; registry 2019-07-17; journal 2019 771851
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABAC BYGG AS. Revenue 474.4k NOK → 2.26m NOK (+377.0%). Equity 90.7k NOK → 12.18m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAC BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 474.4k NOK to 2.26m NOK (+377.0% YoY). Calculated
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↑
Equity strengthened
Book equity 90.7k NOK → 12.18m NOK (equity ratio 13.8% → 1608.9%). Calculated
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↑
Payroll decreased
Salary cost 1.07m NOK → 467 NOK (225% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 311.9k NOK → -840 NOK (-100.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 67.0k NOK → 6 093 NOK (-90.9% YoY). Calculated