Org.nr 917 981 655 2017 → 2018 Year-over-year analysis

ABICON GRUPPEN AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, returned to profit, fresh owner capital

approved 2019-05-14; registry 2019-06-22; journal 2019 484851

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABICON GRUPPEN AS. Revenue 148.5k NOK → 0 NOK (-100.0%). Net result -2.35m NOK → +2.13m NOK.

On the constructive side: turned profitable; cash rose; owners injected capital. Pressures included: revenue fell.

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

Scorecard

Revenue
148.5k NOK 0 NOK
-100.0%
Net result
-2.35m NOK +2.13m NOK
+190.5%
Equity
28.06m NOK n/m
—
Cash
8.53m NOK 14.75m NOK
+73.0%
Total assets
31.11m NOK 29.94m NOK
-3.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.35m NOK to a profit of 2.13m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 8.53m NOK → 14.75m NOK (+73.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 27.6k NOK → 27.56m NOK (+27.53m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 148.5k NOK to 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 29.3k NOK → 29.34m NOK. Reported fact