Org.nr 990 022 151 2018 → 2019 Year-over-year analysis

AB SERVICE AS: årsregnskap 2019 vs 2018

Grew 13% on revenue

approved 2020-04-28; registry 2020-09-22; journal 2020 844678

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AB SERVICE AS. Revenue 6.34m NOK → 7.19m NOK (+13.4%). Equity 4.10m NOK → 5.21m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

Scorecard

Revenue
6.34m NOK 7.19m NOK
+13.4%
Operating result
+692.1k NOK n/m
—
Net result
+387.4k NOK n/m
—
Equity
4.10m NOK 5.21m NOK
+27.0%
Cash
973.0k NOK 3.06m NOK
+214.3%
Total assets
9.12m NOK 10.10m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.34m NOK to 7.19m NOK (+13.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.10m NOK → 5.21m NOK (equity ratio 45.0% → 51.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 973.0k NOK → 3.06m NOK (+214.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.49m NOK → 2.55m NOK (39% → 36% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.47m NOK → 322.5k NOK (-78.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 38.5k NOK → 30.4k NOK. Reported fact