FirmaIQ
Org.nr 942 988 419 2017 → 2018 Year-over-year analysis

ABICON AS: årsregnskap 2018 vs 2017

Shrank 29% on revenue, slipped into loss

approved 2019-06-21; registry 2019-07-13; journal 2019 695424

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABICON AS. Revenue 542.5k NOK → 384.7k NOK (-29.1%). Net result +143.1k NOK → -125.2k NOK. Equity 4.29m NOK → 4.16m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
542.5k NOK 384.7k NOK
-29.1%
Operating result
+190.7k NOK -125.9k NOK
-166.0%
Net result
+143.1k NOK -125.2k NOK
-187.5%
Equity
4.29m NOK 4.16m NOK
-2.9%
Cash
5 924 NOK 10.1k NOK
+69.7%
Total assets
4.59m NOK 4.68m NOK
+2.0%

What improved

  • ↑

    Cash rose

    Bank deposits 5 924 NOK → 10.1k NOK (+69.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 542.5k NOK to 384.7k NOK (-29.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +190.7k NOK → -125.9k NOK (op. margin 35.2% → -32.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 143.1k NOK profit to a loss of 125.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.29m NOK → 4.16m NOK (equity ratio 93.4% → 88.9%). Calculated