FirmaIQ
Org.nr 984 086 822 2017 → 2018 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2018 vs 2017

Shrank 13% on revenue, weaker earnings

approved 2019-04-04; registry 2019-06-22; journal 2019 498481

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABUS ENTREPRENØR AS. Revenue 12.09m NOK → 10.47m NOK (-13.4%). Net result +4.73m NOK → +2.64m NOK. Equity 3.68m NOK → 1.32m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.

At a glance

Scorecard

Revenue
12.09m NOK 10.47m NOK
-13.4%
Net result
+4.73m NOK +2.64m NOK
-44.2%
Equity
3.68m NOK 1.32m NOK
-64.0%
Cash
5.33m NOK 5.95m NOK
+11.7%
Total assets
9.85m NOK 8.16m NOK
-17.1%

What improved

  • ↑

    Cash rose

    Bank deposits 5.33m NOK → 5.95m NOK (+11.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.10m NOK → 2.96m NOK (26% → 28% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.09m NOK to 10.47m NOK (-13.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +4.73m NOK → +2.64m NOK (net margin 39.1% → 25.2%). Calculated

  • ↓

    Equity eroded

    Book equity 3.68m NOK → 1.32m NOK (equity ratio 37.4% → 16.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.11m NOK → 2.73m NOK (-12.3% YoY). Calculated