FirmaIQ
Org.nr 980 176 185 2017 → 2018 Year-over-year analysis

ABC STARTSIDEN AS: årsregnskap 2018 vs 2017

Shrank 8% on revenue, cash halved-plus

approved 2019-06-20; registry 2019-07-02; journal 2019 579917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC STARTSIDEN AS. Revenue 157.28m NOK → 145.36m NOK (-7.6%). Net result +29.96m NOK → +28.24m NOK. Equity 22.41m NOK → 22.06m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABC STARTSIDEN AS.

At a glance

Scorecard

Revenue
157.28m NOK 145.36m NOK
-7.6%
Net result
+29.96m NOK +28.24m NOK
-5.7%
Equity
22.41m NOK 22.06m NOK
-1.5%
Cash
52.13m NOK 19.53m NOK
-62.5%
Total assets
83.38m NOK 76.71m NOK
-8.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 157.28m NOK to 145.36m NOK (-7.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +29.96m NOK → +28.24m NOK (net margin 19.0% → 19.4%). Calculated

  • ↓

    Equity eroded

    Book equity 22.41m NOK → 22.06m NOK (equity ratio 26.9% → 28.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 52.13m NOK → 19.53m NOK (-62.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (52.13m NOK → 19.53m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation