ABRY DESIGN AS: årsregnskap 2018 vs 2017
Shrank 49% on revenue, stronger earnings, cash halved-plus
approved 2019-06-13; registry 2019-07-06; journal 2019 633795
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABRY DESIGN AS. Revenue 82.8k NOK → 42.3k NOK (-48.9%). Net result +16.3k NOK → +66.3k NOK. Equity 496.3k NOK → 419.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +16.2k NOK → +20.3k NOK (op. margin 19.6% → 48.0%). Calculated
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↑
Net result improved
Net result +16.3k NOK → +66.3k NOK (net margin 19.7% → 157.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 82.8k NOK to 42.3k NOK (-48.9% YoY). Calculated
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↓
Equity eroded
Book equity 496.3k NOK → 419.9k NOK (equity ratio 89.2% → 97.7%). Calculated
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↓
Cash fell
Bank deposits 65.8k NOK → 7 144 NOK (-89.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 141.5k NOK → 140.5k NOK. Reported fact