Org.nr 998 019 729 2017 → 2018 Year-over-year analysis

ABS FREDRIKSTAD AS: årsregnskap 2018 vs 2017

Grew 238% on revenue, cash halved-plus

approved 2019-03-19; registry 2019-03-23; journal 2019 246846

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABS FREDRIKSTAD AS. Revenue 1.37m NOK → 4.63m NOK (+238.3%). Equity 11 NOK → 12.59m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABS FREDRIKSTAD AS.

At a glance

Revenue

1.37m NOK 4.63m NOK

+238.3%

Operating result

+878 NOK +1 178 NOK

+34.2%

Net result

n/m +990.5k NOK

—

Equity

11 NOK 12.59m NOK

+114478427.3%

Cash

238.0k NOK 1 173 NOK

-99.5%

Total assets

498.3k NOK 742.9k NOK

+49.1%

↑
Revenue rose

Operating income / revenue moved from 1.37m NOK to 4.63m NOK (+238.3% YoY). Calculated
↑
Operating result improved

Operating result +878 NOK → +1 178 NOK (op. margin 0.1% → 0.0%). Calculated
↑
Equity strengthened

Book equity 11 NOK → 12.59m NOK (equity ratio 0.0% → 1695.0%). Calculated