FirmaIQ
Org.nr 987 097 876 2017 → 2018 Year-over-year analysis

ABYSS AS: årsregnskap 2018 vs 2017

Grew 10% on revenue, stronger earnings

approved 2019-04-29; registry 2019-05-29; journal 2019 363024

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABYSS AS. Revenue 134.37m NOK → 147.44m NOK (+9.7%). Net result +3.21m NOK → +5.80m NOK. Equity 15.79m NOK → 21.59m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.

At a glance

Scorecard

Revenue
134.37m NOK 147.44m NOK
+9.7%
Net result
+3.21m NOK +5.80m NOK
+80.6%
Equity
15.79m NOK 21.59m NOK
+36.7%
Cash
2.31m NOK 1.82m NOK
-21.5%
Total assets
165.89m NOK 202.93m NOK
+22.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 134.37m NOK to 147.44m NOK (+9.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +3.21m NOK → +5.80m NOK (net margin 2.4% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 15.79m NOK → 21.59m NOK (equity ratio 9.5% → 10.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.31m NOK → 1.82m NOK (-21.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 35.58m NOK → 33.04m NOK (-7.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.29m NOK → 3.03m NOK. Reported fact