Org.nr 991 997 075 2017 → 2018 Year-over-year analysis

ABENE AS: årsregnskap 2018 vs 2017

Grew 60% on revenue

approved 2019-05-21; registry 2019-06-11; journal 2019 401692

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABENE AS. Revenue 2.88m NOK → 4.59m NOK (+59.7%). Equity 546.2k NOK → 1.22m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABENE AS.

At a glance

Revenue

2.88m NOK 4.59m NOK

+59.7%

Operating result

-2 279 NOK +1.35m NOK

+59162.3%

Net result

-6 963 NOK n/m

—

Equity

546.2k NOK 1.22m NOK

+123.3%

Cash

3.56m NOK 4.43m NOK

+24.3%

Total assets

4.17m NOK 5.67m NOK

+35.9%

↑
Revenue rose

Operating income / revenue moved from 2.88m NOK to 4.59m NOK (+59.7% YoY). Calculated
↑
Operating result improved

Operating result -2 279 NOK → +1.35m NOK (op. margin -0.1% → 29.3%). Calculated
↑
Equity strengthened

Book equity 546.2k NOK → 1.22m NOK (equity ratio 13.1% → 21.5%). Calculated
↑
Cash rose

Bank deposits 3.56m NOK → 4.43m NOK (+24.3% YoY). Calculated

·
Payroll increased

Salary cost 2.45m NOK → 2.90m NOK (85% → 63% of revenue). Calculated