ABARIS CONSULTING AS: årsregnskap 2018 vs 2017
Grew 40% on revenue, cash halved-plus
approved 2019-05-31; registry 2019-07-24; journal 2019 777103
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABARIS CONSULTING AS. Revenue 5.48m NOK → 7.70m NOK (+40.5%). Equity 2.63m NOK → 3.42m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABARIS CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.48m NOK to 7.70m NOK (+40.5% YoY). Calculated
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↑
Equity strengthened
Book equity 2.63m NOK → 3.42m NOK (equity ratio 55.2% → 42.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.32m NOK → 644.0k NOK (-51.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.94m NOK → 4.68m NOK (72% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 40.2k NOK → 284.4k NOK (+607.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.46m NOK → 96.9k NOK. Reported fact