FirmaIQ
Org.nr 991 847 073 2017 → 2018 Year-over-year analysis

ABES TRAFIKKSKOLE AS: årsregnskap 2018 vs 2017

Grew 14% on revenue, returned to profit, cash halved-plus

approved 2019-07-30; registry 2019-08-12; journal 2019 914430

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABES TRAFIKKSKOLE AS. Revenue 10.08m NOK → 11.52m NOK (+14.3%). Net result -252.2k NOK → +247.0k NOK. Equity 365.7k NOK → 612.8k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABES TRAFIKKSKOLE AS.

At a glance

Scorecard

Revenue
10.08m NOK 11.52m NOK
+14.3%
Operating result
-213.6k NOK +411.2k NOK
+292.4%
Net result
-252.2k NOK +247.0k NOK
+198.0%
Equity
365.7k NOK 612.8k NOK
+67.5%
Cash
747.5k NOK 1 164 NOK
-99.8%
Total assets
3.91m NOK 3.55m NOK
-9.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.08m NOK to 11.52m NOK (+14.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -213.6k NOK → +411.2k NOK (op. margin -2.1% → 3.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 252.2k NOK to a profit of 247.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 365.7k NOK → 612.8k NOK (equity ratio 9.4% → 17.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 747.5k NOK → 1 164 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.87m NOK → 6.42m NOK (58% → 56% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 310.1k NOK → 456.5k NOK (+47.2% YoY). Calculated