FirmaIQ
Org.nr 990 692 270 2017 → 2018 Year-over-year analysis

ABAS INVEST AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-02-14; registry 2019-07-01; journal 2019 567594

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABAS INVEST AS. Revenue 6.81m NOK → 6.57m NOK (-3.5%). Net result +2.69m NOK → +1.42m NOK. Equity 9.73m NOK → 11.15m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAS INVEST AS.

At a glance

Scorecard

Revenue
6.81m NOK 6.57m NOK
-3.5%
Operating result
+4.85m NOK n/m
—
Net result
+2.69m NOK +1.42m NOK
-47.3%
Equity
9.73m NOK 11.15m NOK
+14.6%
Cash
2.94m NOK 2.03m NOK
-31.0%
Total assets
56.81m NOK 54.26m NOK
-4.5%

What improved

  • ↑

    Equity strengthened

    Book equity 9.73m NOK → 11.15m NOK (equity ratio 17.1% → 20.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.81m NOK to 6.57m NOK (-3.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.69m NOK → +1.42m NOK (net margin 39.6% → 21.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.94m NOK → 2.03m NOK (-31.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 317.5k NOK → 3 265 NOK. Reported fact