Org.nr 998 881 846 2018 → 2019 Year-over-year analysis

AB3 HOLDING AS: årsregnskap 2019 vs 2018

Grew 203% on revenue

approved 2020-04-24; registry 2020-09-02; journal 2020 777786

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AB3 HOLDING AS. Revenue 620.2k NOK → 1.88m NOK (+202.6%). Equity 37.2k NOK → -10.3k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB3 HOLDING AS.

Scorecard

Revenue
620.2k NOK 1.88m NOK
+202.6%
Operating result
+139.2k NOK -46.7k NOK
-133.6%
Net result
n/m -47.5k NOK
—
Equity
37.2k NOK -10.3k NOK
-127.8%
Cash
23.3k NOK 77.9k NOK
+234.8%
Total assets
541.9k NOK 532.4k NOK
-1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 620.2k NOK to 1.88m NOK (+202.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 23.3k NOK → 77.9k NOK (+234.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +139.2k NOK → -46.7k NOK (op. margin 22.4% → -2.5%). Calculated

  • ↓

    Equity eroded

    Book equity 37.2k NOK → -10.3k NOK (equity ratio 6.9% → -1.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.02× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation