FirmaIQ
Org.nr 912 167 704 2018 → 2019 Year-over-year analysis

A&B HOLDING GROUP AS: årsregnskap 2019 vs 2018

Grew 10% on revenue, stronger earnings

approved 2020-08-27; registry 2020-09-15; journal 2020 812358

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A&B HOLDING GROUP AS. Revenue 21.46m NOK → 23.55m NOK (+9.8%). Net result +2.67m NOK → +3.98m NOK. Equity 13.09m NOK → 17.07m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A&B HOLDING GROUP AS.

At a glance

Scorecard

Revenue
21.46m NOK 23.55m NOK
+9.8%
Operating result
n/m +5.26m NOK
—
Net result
+2.67m NOK +3.98m NOK
+49.1%
Equity
13.09m NOK 17.07m NOK
+30.4%
Cash
946.9k NOK 782.2k NOK
-17.4%
Total assets
19.80m NOK 25.47m NOK
+28.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.46m NOK to 23.55m NOK (+9.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.67m NOK → +3.98m NOK (net margin 12.4% → 16.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.09m NOK → 17.07m NOK (equity ratio 66.1% → 67.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 946.9k NOK → 782.2k NOK (-17.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.61m NOK → 12.93m NOK (59% → 55% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.55m NOK → 2.94m NOK (+15.6% YoY). Calculated