Org.nr 979 494 432 2017 → 2018 Year-over-year analysis

ABO INSTALLASJON AS: årsregnskap 2018 vs 2017

Grew 25% on revenue, stronger earnings

approved 2019-06-28; registry 2019-08-06; journal 2019 869594

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABO INSTALLASJON AS. Revenue 15.84m NOK → 19.87m NOK (+25.4%). Net result +1.66m NOK → +2.78m NOK. Equity 92.4k NOK → 4.27m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABO INSTALLASJON AS.

Scorecard

Revenue
15.84m NOK 19.87m NOK
+25.4%
Operating result
n/m +3.46m NOK
—
Net result
+1.66m NOK +2.78m NOK
+66.9%
Equity
92.4k NOK 4.27m NOK
+4518.4%
Cash
1.67m NOK 3.78m NOK
+126.0%
Total assets
7.73m NOK 9.51m NOK
+23.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.84m NOK to 19.87m NOK (+25.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.66m NOK → +2.78m NOK (net margin 10.5% → 14.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 92.4k NOK → 4.27m NOK (equity ratio 1.2% → 44.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.67m NOK → 3.78m NOK (+126.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.96m NOK → 7.20m NOK (38% → 36% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.84m NOK → 7.11m NOK (+21.8% YoY). Calculated