ABUNDANTIA AS: årsregnskap 2018 vs 2017
Shrank 23% on revenue, stronger earnings, cash halved-plus
approved 2019-05-31; registry 2019-08-06; journal 2019 881138
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABUNDANTIA AS. Revenue 916.7k NOK → 702.4k NOK (-23.4%). Net result +68.1k NOK → +164.2k NOK. Equity 493.4k NOK → 657.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +87.4k NOK → +209.3k NOK (op. margin 9.5% → 29.8%). Calculated
-
↑
Net result improved
Net result +68.1k NOK → +164.2k NOK (net margin 7.4% → 23.4%). Calculated
-
↑
Equity strengthened
Book equity 493.4k NOK → 657.6k NOK (equity ratio 504.7% → 51.7%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.16× → 2.07×. Calculated
-
↑
Payroll decreased
Salary cost 1.74m NOK → 372.7k NOK (190% → 53% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 916.7k NOK to 702.4k NOK (-23.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 891.7k NOK → 97.2k NOK (-89.1% YoY). Calculated