FirmaIQ
Org.nr 980 511 103 2017 → 2018 Year-over-year analysis

ABACUS AS: årsregnskap 2018 vs 2017

Shrank 5% on revenue, weaker earnings

approved 2019-06-28; registry 2019-08-10; journal 2019 906616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABACUS AS. Revenue 2.92m NOK → 2.76m NOK (-5.4%). Net result +237.4k NOK → +97.6k NOK. Equity 359.5k NOK → 457.1k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.92m NOK 2.76m NOK
-5.4%
Operating result
+313.9k NOK +124.7k NOK
-60.3%
Net result
+237.4k NOK +97.6k NOK
-58.9%
Equity
359.5k NOK 457.1k NOK
+27.1%
Cash
395.2k NOK 578.4k NOK
+46.3%
Total assets
9 980 NOK 1.01m NOK
+10056.3%

What improved

  • ↑

    Equity strengthened

    Book equity 359.5k NOK → 457.1k NOK (equity ratio 3602.5% → 45.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 395.2k NOK → 578.4k NOK (+46.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.61× → 1.04×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.92m NOK to 2.76m NOK (-5.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +313.9k NOK → +124.7k NOK (op. margin 10.7% → 4.5%). Calculated

  • ↓

    Net result weakened

    Net result +237.4k NOK → +97.6k NOK (net margin 8.1% → 3.5%). Calculated