Org.nr 998 204 267 2017 → 2018 Year-over-year analysis

ABAX TECHNOLOGY AS: årsregnskap 2018 vs 2017

Grew 16% on revenue

approved 2019-06-17; registry 2019-07-15; journal 2019 707002

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABAX TECHNOLOGY AS. Revenue 4.94m NOK → 5.74m NOK (+16.1%). Equity 353.9k NOK → 560.0k NOK.

On the constructive side: revenue rose; equity strengthened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAX TECHNOLOGY AS.

At a glance

Revenue

4.94m NOK 5.74m NOK

+16.1%

Operating result

n/m +4.59m NOK

—

Net result

n/m +3.58m NOK

—

Equity

353.9k NOK 560.0k NOK

+58.2%

Cash

3 896 NOK 4 710 NOK

+20.9%

Total assets

31.85m NOK 29.92m NOK

-6.1%

↑
Revenue rose

Operating income / revenue moved from 4.94m NOK to 5.74m NOK (+16.1% YoY). Calculated
↑
Equity strengthened

Book equity 353.9k NOK → 560.0k NOK (equity ratio 1.1% → 1.9%). Calculated