FirmaIQ
Org.nr 962 201 776 2017 → 2018 Year-over-year analysis

ABC TEKNIKK AS: årsregnskap 2018 vs 2017

Shrank 16% on revenue, slipped into loss, cash halved-plus

approved 2019-06-27; registry 2019-07-09; journal 2019 654009

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC TEKNIKK AS. Revenue 31.18m NOK → 26.08m NOK (-16.4%). Net result +476.5k NOK → -2.86m NOK. Equity 5.98m NOK → 3.13m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
31.18m NOK 26.08m NOK
-16.4%
Net result
+476.5k NOK -2.86m NOK
-699.2%
Equity
5.98m NOK 3.13m NOK
-47.7%
Cash
3.22m NOK 1.07m NOK
-66.6%
Total assets
13.81m NOK 7.91m NOK
-42.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.18m NOK to 26.08m NOK (-16.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 476.5k NOK profit to a loss of 2.86m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.98m NOK → 3.13m NOK (equity ratio 43.3% → 39.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.22m NOK → 1.07m NOK (-66.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.22m NOK → 1.07m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 17.48m NOK → 15.81m NOK (-9.6% YoY). Calculated