Org.nr 990 981 760 2017 → 2018 Year-over-year analysis

ABS SHOOTING AS: årsregnskap 2018 vs 2017

Shrank 27% on revenue

approved 2019-04-29; registry 2019-05-28; journal 2019 361784

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABS SHOOTING AS. Revenue 8.02m NOK → 5.89m NOK (-26.6%). Equity 1.32m NOK → 1.31m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

8.02m NOK 5.89m NOK

-26.6%

Operating result

+209.6k NOK +5 559 NOK

-97.3%

Equity

1.32m NOK 1.31m NOK

-1.0%

Cash

187.4k NOK 433.6k NOK

+131.3%

Total assets

2.38m NOK 2.31m NOK

-3.0%

↑
Cash rose

Bank deposits 187.4k NOK → 433.6k NOK (+131.3% YoY). Calculated
↑
Payroll decreased

Salary cost 501.3k NOK → 488.2k NOK (6% → 8% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.02m NOK to 5.89m NOK (-26.6% YoY). Calculated
↓
Operating result weakened

Operating result +209.6k NOK → +5 559 NOK (op. margin 2.6% → 0.1%). Calculated
↓
Equity eroded

Book equity 1.32m NOK → 1.31m NOK (equity ratio 55.5% → 56.7%). Calculated