ABE UTVIKLING AS: årsregnskap 2018 vs 2017
Grew 1550% on revenue
approved 2019-06-30; registry 2019-08-08; journal 2019 913850
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABE UTVIKLING AS. Revenue 40.0k NOK → 660.0k NOK (+1550.0%). Net result +4 NOK → +4 NOK. Equity 21.7k NOK → 38.2k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABE UTVIKLING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 40.0k NOK to 660.0k NOK (+1550.0% YoY). Calculated
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Operating result improved
Operating result +21.6k NOK → +336.1k NOK (op. margin 54.0% → 50.9%). Calculated
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Equity strengthened
Book equity 21.7k NOK → 38.2k NOK (equity ratio 0.9% → 0.9%). Calculated
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Cash rose
Bank deposits 5 991 NOK → 7 350 NOK (+22.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.19× → 1.17×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 3 251 NOK → 190.9k NOK (+5773.0% YoY). Calculated