ABC TOOLS AS: årsregnskap 2018 vs 2017
Grew 323% on revenue, stronger earnings
approved 2019-04-01; registry 2019-04-13; journal 2019 276788
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC TOOLS AS. Revenue 75.3k NOK → 318.8k NOK (+323.3%). Net result -194.2k NOK → -70.9k NOK. Equity 492.7k NOK → 421.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 75.3k NOK to 318.8k NOK (+323.3% YoY). Calculated
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↑
Operating result improved
Operating result -194.3k NOK → -70.9k NOK (op. margin -258.1% → -22.3%). Calculated
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Net result improved
Net result -194.2k NOK → -70.9k NOK (net margin -257.9% → -22.2%). Calculated
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Cash rose
Bank deposits 80.7k NOK → 291.6k NOK (+261.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 492.7k NOK → 421.8k NOK (equity ratio 59.6% → 738.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 492.7k NOK → 421.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 83.9k NOK → 204.7k NOK (+144.1% YoY). Calculated