FirmaIQ
Org.nr 993 147 044 2017 → 2018 Year-over-year analysis

ABLER NORDIC AS: årsregnskap 2018 vs 2017

Shrank 17% on revenue

approved 2019-04-26; registry 2019-06-25; journal 2019 519272

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABLER NORDIC AS. Revenue 23.51m NOK → 19.57m NOK (-16.8%). Equity 99.85m NOK → 92.07m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
23.51m NOK 19.57m NOK
-16.8%
Equity
99.85m NOK 92.07m NOK
-7.8%
Cash
27.68m NOK 28.45m NOK
+2.8%
Total assets
124.5k NOK 117.42m NOK
+94223.9%

What improved

  • ↑

    Cash rose

    Bank deposits 27.68m NOK → 28.45m NOK (+2.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.51m NOK to 19.57m NOK (-16.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 99.85m NOK → 92.07m NOK (equity ratio 80207.6% → 78.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.15m NOK → 8.81m NOK (35% → 45% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 94.80m NOK → 85.76m NOK. Reported fact