FirmaIQ
Org.nr 992 169 028 2017 → 2018 Year-over-year analysis

ABELON TECHNOLOGY AS: årsregnskap 2018 vs 2017

Grew 21% on revenue, weaker earnings, fresh owner capital

approved 2019-06-20; registry 2019-07-06; journal 2019 609757

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABELON TECHNOLOGY AS. Revenue 2.90m NOK → 3.52m NOK (+21.2%). Net result +703.5k NOK → +530.6k NOK. Equity 100.0k NOK → 288.7k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: net result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABELON TECHNOLOGY AS.

At a glance

Scorecard

Revenue
2.90m NOK 3.52m NOK
+21.2%
Net result
+703.5k NOK +530.6k NOK
-24.6%
Equity
100.0k NOK 288.7k NOK
+188.7%
Cash
142.1k NOK 97.3k NOK
-31.5%
Total assets
4.90m NOK 1.22m NOK
-75.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.90m NOK to 3.52m NOK (+21.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 100.0k NOK → 288.7k NOK (equity ratio 2.0% → 23.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 156.9k NOK (+56.9k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +703.5k NOK → +530.6k NOK (net margin 24.2% → 15.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 142.1k NOK → 97.3k NOK (-31.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 479.4k NOK → 592.5k NOK (+23.6% YoY). Calculated