ABC SOLUTIONS HOLDING AS: årsregnskap 2018 vs 2017
Shrank 30% on revenue
approved 2019-05-21; registry 2019-06-08; journal 2019 399716
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC SOLUTIONS HOLDING AS. Revenue 3.04m NOK → 2.13m NOK (-29.8%). Equity 2.56m NOK → 3.62m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
3.04m NOK
2.13m NOK
-29.8%
Equity
2.56m NOK
3.62m NOK
+41.1%
Cash
214.5k NOK
899.9k NOK
+319.6%
Total assets
3.34m NOK
5.25m NOK
+57.0%
What improved
-
↑
Equity strengthened
Book equity 2.56m NOK → 3.62m NOK (equity ratio 76.7% → 68.9%). Calculated
-
↑
Cash rose
Bank deposits 214.5k NOK → 899.9k NOK (+319.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.27× → 4.49×. Calculated
-
↑
Payroll decreased
Salary cost 1.79m NOK → 1.77m NOK (59% → 83% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.04m NOK to 2.13m NOK (-29.8% YoY). Calculated