ABEL MEYERSGATE 3 AS: årsregnskap 2018 vs 2017
Shrank 13% on revenue, weaker earnings
approved 2019-06-20; registry 2019-07-10; journal 2019 658481
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABEL MEYERSGATE 3 AS. Revenue 637.5k NOK → 551.5k NOK (-13.5%). Net result +186.6k NOK → +65.4k NOK. Equity 199.4k NOK → 264.8k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 199.4k NOK → 264.8k NOK (equity ratio 4.0% → 7.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 637.5k NOK to 551.5k NOK (-13.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +303.4k NOK → +164.8k NOK (op. margin 47.6% → 29.9%). Calculated
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↓
Net result weakened
Net result +186.6k NOK → +65.4k NOK (net margin 29.3% → 11.9%). Calculated
-
↓
Cash fell
Bank deposits 416.9k NOK → 325.7k NOK (-21.9% YoY). Calculated