ABC-RØR AS: årsregnskap 2018 vs 2017
Shrank 87% on revenue, cash halved-plus
approved 2019-04-30; registry 2019-06-12; journal 2019 411506
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC-RØR AS. Revenue 5.00m NOK → 664.0k NOK (-86.7%). Net result +9 174 NOK → +98 NOK. Equity 1.29m NOK → 1.17m NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
5.00m NOK
664.0k NOK
-86.7%
Operating result
+239.4k NOK
n/m
—
Net result
+9 174 NOK
+98 NOK
-98.9%
Equity
1.29m NOK
1.17m NOK
-8.6%
Cash
845.3k NOK
1 099 NOK
-99.9%
Total assets
2.73m NOK
2.56m NOK
-6.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.00m NOK to 664.0k NOK (-86.7% YoY). Calculated
-
↓
Net result weakened
Net result +9 174 NOK → +98 NOK (net margin 0.2% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 1.29m NOK → 1.17m NOK (equity ratio 47.0% → 45.8%). Calculated
-
↓
Cash fell
Bank deposits 845.3k NOK → 1 099 NOK (-99.9% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 1.62m NOK → 2.13m NOK (+31.8% YoY). Calculated