ABSYN HOLDING AS: årsregnskap 2018 vs 2017
Shrank 29% on revenue
approved 2019-05-14; registry 2019-06-06; journal 2019 384568
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABSYN HOLDING AS. Revenue 2.06m NOK → 1.46m NOK (-29.3%). Net result +671.4k NOK → +637.3k NOK. Equity 4.65m NOK → 7.29m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSYN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.65m NOK → 7.29m NOK (equity ratio 91.5% → 95.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.06m NOK to 1.46m NOK (-29.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +668.6k NOK → +519.1k NOK (op. margin 32.4% → 35.7%). Calculated
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↓
Net result weakened
Net result +671.4k NOK → +637.3k NOK (net margin 32.6% → 43.8%). Calculated
-
↓
Cash fell
Bank deposits 267.6k NOK → 259.8k NOK (-2.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 868.2k NOK → 611.5k NOK (-29.6% YoY). Calculated