Org.nr 993 750 654 2017 → 2018 Year-over-year analysis

ABX DESTINASJONSUTVIKLING AS: årsregnskap 2018 vs 2017

Grew 412% on revenue

approved 2019-06-30; registry 2019-07-29; journal 2019 816436

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABX DESTINASJONSUTVIKLING AS. Revenue 104.2k NOK → 533.2k NOK (+411.8%). Equity 10.29m NOK → 11.39m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABX DESTINASJONSUTVIKLING AS.

Scorecard

Revenue
104.2k NOK 533.2k NOK
+411.8%
Operating result
+10.7k NOK +497.6k NOK
+4545.4%
Equity
10.29m NOK 11.39m NOK
+10.7%
Cash
138.9k NOK 140.3k NOK
+1.0%
Total assets
324.2k NOK 901.7k NOK
+178.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 104.2k NOK to 533.2k NOK (+411.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.7k NOK → +497.6k NOK (op. margin 10.3% → 93.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.29m NOK → 11.39m NOK (equity ratio 3173.2% → 1262.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 138.9k NOK → 140.3k NOK (+1.0% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.25× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 173.8k NOK → 731.2k NOK. Reported fact