Org.nr 980 402 320 2017 → 2018 Year-over-year analysis

ABENA NORGE AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2018-08-31; registry 2018-09-05; journal 2018 922076

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABENA NORGE AS. Revenue 97.36m NOK → 95.62m NOK (-1.8%). Equity 20.73m NOK → 24.52m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABENA NORGE AS.

At a glance

Revenue

97.36m NOK 95.62m NOK

-1.8%

Operating result

+3.12m NOK n/m

—

Net result

+620 NOK n/m

—

Equity

20.73m NOK 24.52m NOK

+18.2%

Cash

802.9k NOK 803.5k NOK

+0.1%

Total assets

35.71m NOK 46.19m NOK

+29.3%

↑
Equity strengthened

Book equity 20.73m NOK → 24.52m NOK (equity ratio 58.1% → 53.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 97.36m NOK to 95.62m NOK (-1.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 15.38m NOK → 20.57m NOK (16% → 22% of revenue). Calculated

·
COGS fell

COGS / varekostnad 69.53m NOK → 61.23m NOK (-11.9% YoY). Calculated