ABACS AS: årsregnskap 2018 vs 2017
Grew 23% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-10; journal 2019 671626
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABACS AS. Revenue 1.32m NOK → 1.63m NOK (+23.1%). Net result +811.5k NOK → +996.7k NOK. Equity 12.89m NOK → 22.89m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.32m NOK to 1.63m NOK (+23.1% YoY). Calculated
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↑
Net result improved
Net result +811.5k NOK → +996.7k NOK (net margin 61.4% → 61.2%). Calculated
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↑
Equity strengthened
Book equity 12.89m NOK → 22.89m NOK (equity ratio 75.6% → 71.0%). Calculated
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↑
Cash rose
Bank deposits 428.9k NOK → 519.0k NOK (+21.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +608.7k NOK → +182.6k NOK (op. margin 46.1% → 11.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 7 160 NOK → 1.28m NOK (+17829.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.80m NOK → 25.24m NOK. Reported fact