Org.nr 920 144 632 2017 → 2018 Year-over-year analysis

ABEL MEYERSGATE AS: årsregnskap 2018 vs 2017

Grew 3106% on revenue, stronger earnings, fresh owner capital

approved 2019-06-18; registry 2019-08-07; journal 2019 887888

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABEL MEYERSGATE AS. Revenue 16.0k NOK → 513.5k NOK (+3105.7%). Net result +31.9k NOK → +205.2k NOK. Equity 2.58m NOK → 2.56m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
16.0k NOK 513.5k NOK
+3105.7%
Operating result
+10.6k NOK +236.2k NOK
+2126.6%
Net result
+31.9k NOK +205.2k NOK
+543.2%
Equity
2.58m NOK 2.56m NOK
-0.7%
Cash
n/m 2 589 NOK
—
Total assets
3.15m NOK 3.53m NOK
+11.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.0k NOK to 513.5k NOK (+3105.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.6k NOK → +236.2k NOK (op. margin 66.2% → 46.0%). Calculated

  • ↑

    Net result improved

    Net result +31.9k NOK → +205.2k NOK (net margin 199.2% → 40.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2 064 NOK → 2.06m NOK (+2.06m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.58m NOK → 2.56m NOK (equity ratio 81.9% → 72.7%). Calculated