Org.nr 976 052 560 2017 → 2018 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2018 vs 2017

A steady year on the published lines

approved 2019-05-14; registry 2019-06-13; journal 2019 417326

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABICON ELEKTRO AS. Revenue 136.54m NOK → 130.16m NOK (-4.7%). Equity 23.59m NOK → 24.97m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.

At a glance

Revenue

136.54m NOK 130.16m NOK

-4.7%

Operating result

-3.54m NOK +1.98m NOK

+155.8%

Net result

n/m +1.38m NOK

—

Equity

23.59m NOK 24.97m NOK

+5.9%

Cash

4.22m NOK 10.66m NOK

+152.7%

Total assets

60.61m NOK 50.53m NOK

-16.6%

↑
Operating result improved

Operating result -3.54m NOK → +1.98m NOK (op. margin -2.6% → 1.5%). Calculated
↑
Equity strengthened

Book equity 23.59m NOK → 24.97m NOK (equity ratio 38.9% → 49.4%). Calculated
↑
Cash rose

Bank deposits 4.22m NOK → 10.66m NOK (+152.7% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 136.54m NOK to 130.16m NOK (-4.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 71.76m NOK → 58.55m NOK (-18.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.41m NOK → 1.99m NOK. Reported fact