ABA PROSJEKT AS: årsregnskap 2019 vs 2018
Shrank 19% on revenue, weaker earnings, cash halved-plus
approved 2020-07-09; registry 2020-09-19; journal 2020 830638
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABA PROSJEKT AS. Revenue 573.5k NOK → 463.7k NOK (-19.1%). Net result +206.7k NOK → +121.7k NOK. Equity 46.9k NOK → 1.05m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABA PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 46.9k NOK → 1.05m NOK (equity ratio 0.8% → 17.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 573.5k NOK to 463.7k NOK (-19.1% YoY). Calculated
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↓
Operating result weakened
Operating result +261.6k NOK → +241.6k NOK (op. margin 45.6% → 52.1%). Calculated
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↓
Net result weakened
Net result +206.7k NOK → +121.7k NOK (net margin 36.0% → 26.2%). Calculated
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↓
Cash fell
Bank deposits 73.2k NOK → 28.6k NOK (-60.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 20.0k NOK → 260.0k NOK. Reported fact