FirmaIQ
Org.nr 935 464 307 2018 → 2019 Year-over-year analysis

AB-INVEST AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-06-19; registry 2020-07-01; journal 2020 507483

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AB-INVEST AS. Revenue 1.76m NOK → 1.78m NOK (+1.2%). Net result +900.8k NOK → +15.76m NOK. Equity 39.41m NOK → 36.51m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB-INVEST AS.

At a glance

Scorecard

Revenue
1.76m NOK 1.78m NOK
+1.2%
Operating result
+972.4k NOK +961.7k NOK
-1.1%
Net result
+900.8k NOK +15.76m NOK
+1649.5%
Equity
39.41m NOK 36.51m NOK
-7.3%
Cash
1.02m NOK 954.1k NOK
-6.5%
Total assets
53.69m NOK 50.71m NOK
-5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.76m NOK to 1.78m NOK (+1.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +900.8k NOK → +15.76m NOK (net margin 51.2% → 884.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 21.32m NOK → 18.89m NOK (1212% → 1060% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +972.4k NOK → +961.7k NOK (op. margin 55.3% → 54.0%). Calculated

  • ↓

    Equity eroded

    Book equity 39.41m NOK → 36.51m NOK (equity ratio 73.4% → 72.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.02m NOK → 954.1k NOK (-6.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.30× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 44.62m NOK → 38.30m NOK (-14.2% YoY). Calculated