Org.nr 892 098 832 2017 → 2018 Year-over-year analysis

ABELON GROUP AS: årsregnskap 2018 vs 2017

Shrank 52% on revenue

approved 2019-06-20; registry 2019-07-06; journal 2019 609671

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABELON GROUP AS. Revenue 3.06m NOK → 1.46m NOK (-52.3%). Equity 3.35m NOK → 3.34m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELON GROUP AS.

At a glance

Revenue

3.06m NOK 1.46m NOK

-52.3%

Net result

+101.3k NOK n/m

—

Equity

3.35m NOK 3.34m NOK

-0.2%

Cash

232.7k NOK 142.6k NOK

-38.7%

Total assets

8.80m NOK 3.62m NOK

-58.8%

↓
Revenue fell

Operating income / revenue moved from 3.06m NOK to 1.46m NOK (-52.3% YoY). Calculated
↓
Equity eroded

Book equity 3.35m NOK → 3.34m NOK (equity ratio 38.0% → 92.2%). Calculated
↓
Cash fell

Bank deposits 232.7k NOK → 142.6k NOK (-38.7% YoY). Calculated
↓
COGS moved

COGS / varekostnad 238.4k NOK → 276.8k NOK (+16.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 9 365 NOK → 365.0k NOK. Reported fact