ABU ENTREPRENØR AS: årsregnskap 2018 vs 2017
Grew 613% on revenue
approved 2019-05-21; registry 2019-06-12; journal 2019 413052
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABU ENTREPRENØR AS. Revenue 448.2k NOK → 3.20m NOK (+613.1%). Net result +870.9k NOK → +816.2k NOK. Equity 7.24m NOK → 225.5k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABU ENTREPRENØR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 448.2k NOK to 3.20m NOK (+613.1% YoY). Calculated
-
↑
Cash rose
Bank deposits 54.0k NOK → 218.4k NOK (+304.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.10× → 1.02×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +870.9k NOK → +816.2k NOK (net margin 194.3% → 25.5%). Calculated
-
↓
Equity eroded
Book equity 7.24m NOK → 225.5k NOK (equity ratio 11167.1% → 12.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 46.0k NOK → 2.49m NOK (10% → 78% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 26.6k NOK → 156.8k NOK (+489.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 982.0k NOK → 192.4k NOK. Reported fact