FirmaIQ
Org.nr 913 174 682 2017 → 2018 Year-over-year analysis

ABC SOLUTIONS AS: årsregnskap 2018 vs 2017

Grew 185% on revenue, returned to profit

approved 2019-05-21; registry 2019-06-08; journal 2019 399644

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC SOLUTIONS AS. Revenue 1.31m NOK → 3.73m NOK (+184.7%). Net result -220.8k NOK → +201.5k NOK. Equity 109.2k NOK → 310.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
1.31m NOK 3.73m NOK
+184.7%
Operating result
-288.1k NOK +252.6k NOK
+187.7%
Net result
-220.8k NOK +201.5k NOK
+191.3%
Equity
109.2k NOK 310.7k NOK
+184.5%
Cash
86.8k NOK 52.0k NOK
-40.1%
Total assets
500.8k NOK 936.9k NOK
+87.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.31m NOK to 3.73m NOK (+184.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -288.1k NOK → +252.6k NOK (op. margin -22.0% → 6.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 220.8k NOK to a profit of 201.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 109.2k NOK → 310.7k NOK (equity ratio 21.8% → 33.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 86.8k NOK → 52.0k NOK (-40.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 974.5k NOK → 736.0k NOK (-24.5% YoY). Calculated