Org.nr 967 688 576 2017 → 2018 Year-over-year analysis

ABACTUS AS: årsregnskap 2018 vs 2017

Shrank 40% on revenue

approved 2019-04-08; registry 2019-05-29; journal 2019 362374

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABACTUS AS. Revenue 2.98m NOK → 1.80m NOK (-39.7%). Equity 27.73m NOK → 35.95m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.98m NOK 1.80m NOK
-39.7%
Equity
27.73m NOK 35.95m NOK
+29.6%
Cash
722.4k NOK 642.1k NOK
-11.1%
Total assets
37.37m NOK 39.52m NOK
+5.8%

What improved

  • ↑

    Equity strengthened

    Book equity 27.73m NOK → 35.95m NOK (equity ratio 74.2% → 91.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 3.13×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.98m NOK to 1.80m NOK (-39.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 722.4k NOK → 642.1k NOK (-11.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 17.27m NOK → 100.91m NOK (+484.2% YoY). Calculated