ABSNET AS: årsregnskap 2018 vs 2017
A steady year on the published lines
approved 2019-06-28; registry 2019-07-09; journal 2019 634061
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABSNET AS. Revenue 6.78m NOK → 6.90m NOK (+1.7%). Net result +886.5k NOK → +841.7k NOK. Equity 294.8k NOK → 389.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABSNET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.78m NOK to 6.90m NOK (+1.7% YoY). Calculated
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↑
Equity strengthened
Book equity 294.8k NOK → 389.1k NOK (equity ratio 62.9% → 18.0%). Calculated
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↑
Cash rose
Bank deposits 259.5k NOK → 645.9k NOK (+148.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +886.5k NOK → +841.7k NOK (net margin 13.1% → 12.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.57m NOK → 1.90m NOK (+21.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 638.8k NOK → 809.8k NOK. Reported fact