ABATE AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, fresh owner capital
approved 2019-06-12; registry 2019-06-29; journal 2019 556912
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABATE AS. Revenue 526.0k NOK → 611.1k NOK (+16.2%). Net result +67.4k NOK → +58.3k NOK. Equity 4.10m NOK → 4.16m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABATE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 526.0k NOK to 611.1k NOK (+16.2% YoY). Calculated
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↑
Equity strengthened
Book equity 4.10m NOK → 4.16m NOK (equity ratio 1466.8% → 752.4%). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +89.6k NOK → +55.7k NOK (op. margin 17.0% → 9.1%). Calculated
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↓
Net result weakened
Net result +67.4k NOK → +58.3k NOK (net margin 12.8% → 9.5%). Calculated
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↓
Cash fell
Bank deposits 182.5k NOK → 150.5k NOK (-17.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 265.9k NOK → 425.9k NOK (+60.2% YoY). Calculated