ABSTEIRO AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-22; journal 2019 751683
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABSTEIRO AS. Revenue 1.10m NOK → 1.10m NOK (+0.4%). Net result +399.6k NOK → +276.1k NOK. Equity 1.76m NOK → 2.04m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.10m NOK to 1.10m NOK (+0.4% YoY). Calculated
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↑
Equity strengthened
Book equity 1.76m NOK → 2.04m NOK (equity ratio 15.9% → 18.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +752.3k NOK → +601.9k NOK (op. margin 68.4% → 54.5%). Calculated
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↓
Net result weakened
Net result +399.6k NOK → +276.1k NOK (net margin 36.4% → 25.0%). Calculated
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↓
Cash fell
Bank deposits 606.3k NOK → 139.3k NOK (-77.0% YoY). Calculated