FirmaIQ
Org.nr 991 326 804 2017 → 2018 Year-over-year analysis

ABLEMAGIC AS: årsregnskap 2018 vs 2017

Grew 8% on revenue, stronger earnings

approved 2019-06-28; registry 2019-08-06; journal 2019 868346

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABLEMAGIC AS. Revenue 4.43m NOK → 4.81m NOK (+8.4%). Net result +28.7k NOK → +112.9k NOK. Equity 1.31m NOK → 1.42m NOK.

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

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

At a glance

Scorecard

Revenue
4.43m NOK 4.81m NOK
+8.4%
Operating result
+34.7k NOK +124.6k NOK
+258.7%
Net result
+28.7k NOK +112.9k NOK
+293.1%
Equity
1.31m NOK 1.42m NOK
+8.6%
Cash
506.8k NOK 579.4k NOK
+14.3%
Total assets
2.06m NOK 2.60m NOK
+26.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.43m NOK to 4.81m NOK (+8.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +34.7k NOK → +124.6k NOK (op. margin 0.8% → 2.6%). Calculated

  • ↑

    Net result improved

    Net result +28.7k NOK → +112.9k NOK (net margin 0.6% → 2.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.31m NOK → 1.42m NOK (equity ratio 63.3% → 54.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 506.8k NOK → 579.4k NOK (+14.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 190.6k NOK → 555.8k NOK (+191.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 45.5k NOK → 142.5k NOK. Reported fact