Org.nr 979 633 793 2017 → 2018 Year-over-year analysis

ABSOLUT EIENDOM AS: årsregnskap 2018 vs 2017

Grew 14% on revenue, returned to profit

approved 2019-05-29; registry 2019-06-24; journal 2019 513842

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABSOLUT EIENDOM AS. Revenue 230.0k NOK → 262.8k NOK (+14.3%). Net result -269.6k NOK → +150.1k NOK. Equity 1.71m NOK → 4.87m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUT EIENDOM AS.

Scorecard

Revenue
230.0k NOK 262.8k NOK
+14.3%
Operating result
-643.9k NOK n/m
—
Net result
-269.6k NOK +150.1k NOK
+155.7%
Equity
1.71m NOK 4.87m NOK
+183.7%
Cash
16.9k NOK 641.8k NOK
+3695.5%
Total assets
1.79m NOK 4.97m NOK
+178.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 230.0k NOK to 262.8k NOK (+14.3% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 269.6k NOK to a profit of 150.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.71m NOK → 4.87m NOK (equity ratio 96.1% → 97.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.9k NOK → 641.8k NOK (+3695.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.34m NOK → 2.66m NOK. Reported fact