ABAS AS: årsregnskap 2018 vs 2017
Grew 12% on revenue, cash halved-plus
approved 2019-03-25; registry 2019-05-08; journal 2019 314248
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABAS AS. Revenue 1.29m NOK → 1.44m NOK (+11.8%). Equity 289.8k NOK → 315.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAS AS.
At a glance
Scorecard
Revenue
1.29m NOK
1.44m NOK
+11.8%
Net result
+27.8k NOK
n/m
—
Equity
289.8k NOK
315.0k NOK
+8.7%
Cash
191.5k NOK
29.7k NOK
-84.5%
Total assets
731.7k NOK
521.0k NOK
-28.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.29m NOK to 1.44m NOK (+11.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 289.8k NOK → 315.0k NOK (equity ratio 39.6% → 60.5%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 191.5k NOK → 29.7k NOK (-84.5% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 4.63m NOK → 681.8k NOK (-85.3% YoY). Calculated