ABB HOLDING AS: årsregnskap 2018 vs 2017
Grew 55472724% on revenue, stronger earnings
approved 2019-03-26; registry 2019-06-06; journal 2019 390646
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABB HOLDING AS. Revenue 15.5k NOK → 8.62bn NOK (+55472723.8%). Net result +358.0k NOK → +292.07m NOK. Equity 644.7k NOK → 610.86m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABB HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.5k NOK to 8.62bn NOK (+55472723.8% YoY). Calculated
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Net result improved
Net result +358.0k NOK → +292.07m NOK (net margin 2303.6% → 3.4%). Calculated
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Equity strengthened
Book equity 644.7k NOK → 610.86m NOK (equity ratio 0.0% → 16.4%). Calculated
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Cash rose
Bank deposits 12.83m NOK → 75.67m NOK (+490.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 43.65m NOK → 50.07m NOK (280815% → 1% of revenue). Calculated
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Book investments changed
Investment / intangible book value 100.0k NOK → 409.0k NOK. Reported fact