Org.nr 998 872 308 2017 → 2018 Year-over-year analysis

ABE CONSULTING AS: årsregnskap 2018 vs 2017

Shrank 26% on revenue, weaker earnings

approved 2019-03-29; registry 2019-04-25; journal 2019 287915

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABE CONSULTING AS. Revenue 4.54m NOK → 3.38m NOK (-25.6%). Net result +214.6k NOK → +134.4k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Revenue

4.54m NOK 3.38m NOK

-25.6%

Operating result

+273.0k NOK +237.1k NOK

-13.2%

Net result

+214.6k NOK +134.4k NOK

-37.4%

Cash

2.97m NOK 2.77m NOK

-6.8%

Total assets

3.80m NOK 3.28m NOK

-13.7%

↓
Revenue fell

Operating income / revenue moved from 4.54m NOK to 3.38m NOK (-25.6% YoY). Calculated
↓
Operating result weakened

Operating result +273.0k NOK → +237.1k NOK (op. margin 6.0% → 7.0%). Calculated
↓
Net result weakened

Net result +214.6k NOK → +134.4k NOK (net margin 4.7% → 4.0%). Calculated
↓
Cash fell

Bank deposits 2.97m NOK → 2.77m NOK (-6.8% YoY). Calculated