Org.nr 897 047 292 2017 → 2018 Year-over-year analysis

ABC ART BUSINESS COLLECTION AS: årsregnskap 2018 vs 2017

Grew 13% on revenue

approved 2019-05-11; registry 2019-06-04; journal 2019 373836

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC ART BUSINESS COLLECTION AS. Revenue 3.42m NOK → 3.87m NOK (+13.5%). Equity 561.6k NOK → 1.90m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC ART BUSINESS COLLECTION AS.

At a glance

Revenue

3.42m NOK 3.87m NOK

+13.5%

Operating result

+994.4k NOK +493.6k NOK

-50.4%

Equity

561.6k NOK 1.90m NOK

+238.9%

Cash

14.0k NOK 28.3k NOK

+101.9%

Total assets

2.40m NOK 2.85m NOK

+18.5%

↑
Revenue rose

Operating income / revenue moved from 3.42m NOK to 3.87m NOK (+13.5% YoY). Calculated
↑
Equity strengthened

Book equity 561.6k NOK → 1.90m NOK (equity ratio 23.4% → 66.9%). Calculated
↑
Cash rose

Bank deposits 14.0k NOK → 28.3k NOK (+101.9% YoY). Calculated
↑
Payroll decreased

Salary cost 3.12m NOK → 265.4k NOK (91% → 7% of revenue). Calculated

↓
Operating result weakened

Operating result +994.4k NOK → +493.6k NOK (op. margin 29.1% → 12.7%). Calculated