ABV AS: årsregnskap 2018 vs 2017
Grew 96769% on revenue, stronger earnings
approved 2019-06-04; registry 2019-07-27; journal 2019 802558
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABV AS. Revenue 38.2k NOK → 36.99m NOK (+96768.7%). Net result +1 499 NOK → +1.73m NOK. Equity 1.02m NOK → 2.75m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABV AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 38.2k NOK to 36.99m NOK (+96768.7% YoY). Calculated
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↑
Net result improved
Net result +1 499 NOK → +1.73m NOK (net margin 3.9% → 4.7%). Calculated
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↑
Equity strengthened
Book equity 1.02m NOK → 2.75m NOK (equity ratio 8.4% → 17.5%). Calculated
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Cash rose
Bank deposits 4 521 NOK → 5.02m NOK (+110978.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 18.2k NOK → 18.02m NOK (48% → 49% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 10.3k NOK → 9.55m NOK (+92755.2% YoY). Calculated