ABAKUS AS: årsregnskap 2018 vs 2017
Grew 24% on revenue, stronger earnings
approved 2019-06-17; registry 2019-07-10; journal 2019 657181
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABAKUS AS. Revenue 4.48m NOK → 5.55m NOK (+23.8%). Net result +570.7k NOK → +917.5k NOK. Equity 2.43m NOK → 3.36m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAKUS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.48m NOK to 5.55m NOK (+23.8% YoY). Calculated
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Net result improved
Net result +570.7k NOK → +917.5k NOK (net margin 12.7% → 16.5%). Calculated
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Equity strengthened
Book equity 2.43m NOK → 3.36m NOK (equity ratio 68.6% → 64.2%). Calculated
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Cash rose
Bank deposits 1.13m NOK → 1.89m NOK (+68.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 100.1k NOK → 107.6k NOK (+7 500 NOK). Reported fact
What deteriorated
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Operating result weakened
Operating result +759.6k NOK → +197.5k NOK (op. margin 16.9% → 3.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 401.0k NOK → 37.8k NOK (-90.6% YoY). Calculated