Org.nr 979 497 881 2017 → 2018 Year-over-year analysis

ABSTRAKT FORLAG AS: årsregnskap 2018 vs 2017

Shrank 12% on revenue

approved 2019-02-20; registry 2019-03-07; journal 2019 226619

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABSTRAKT FORLAG AS. Revenue 5.60m NOK → 4.92m NOK (-12.2%). Equity 2.05m NOK → 1.72m NOK.

On the constructive side: 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 ABSTRAKT FORLAG AS.

At a glance

Revenue

5.60m NOK 4.92m NOK

-12.2%

Operating result

+2.89m NOK +2.81m NOK

-2.9%

Net result

+2.23m NOK n/m

—

Equity

2.05m NOK 1.72m NOK

-16.3%

Cash

5.46m NOK 4.76m NOK

-12.8%

Total assets

6.90m NOK 6.22m NOK

-9.8%

↑
Payroll decreased

Salary cost 12.28m NOK → 3 NOK (219% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.60m NOK to 4.92m NOK (-12.2% YoY). Calculated
↓
Operating result weakened

Operating result +2.89m NOK → +2.81m NOK (op. margin 51.6% → 57.1%). Calculated
↓
Equity eroded

Book equity 2.05m NOK → 1.72m NOK (equity ratio 29.7% → 27.6%). Calculated
↓
Cash fell

Bank deposits 5.46m NOK → 4.76m NOK (-12.8% YoY). Calculated

·
COGS fell

COGS / varekostnad 930.6k NOK → 621.6k NOK (-33.2% YoY). Calculated