Org.nr 916 543 166 2017 → 2018 Year-over-year analysis

ABANTI AS: årsregnskap 2018 vs 2017

Grew 294% on revenue

approved 2019-04-24; registry 2019-05-14; journal 2019 332613

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABANTI AS. Revenue 316.7k NOK → 1.25m NOK (+293.8%). Equity -482.5k NOK → -323.0k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABANTI AS.

At a glance

Revenue

316.7k NOK 1.25m NOK

+293.8%

Operating result

n/m +213.8k NOK

—

Net result

n/m +159.5k NOK

—

Equity

-482.5k NOK -323.0k NOK

+33.1%

Cash

27.5k NOK 32.2k NOK

+16.8%

Total assets

272.6k NOK 226.7k NOK

-16.8%

↑
Revenue rose

Operating income / revenue moved from 316.7k NOK to 1.25m NOK (+293.8% YoY). Calculated
↑
Equity strengthened

Book equity -482.5k NOK → -323.0k NOK (equity ratio -177.0% → -142.5%). Calculated
↑
Cash rose

Bank deposits 27.5k NOK → 32.2k NOK (+16.8% YoY). Calculated
↑
Payroll decreased

Salary cost 457.6k NOK → 209.1k NOK (145% → 17% of revenue). Calculated

·
COGS moved

COGS / varekostnad 125.0k NOK → 378.3k NOK (+202.5% YoY). Calculated