ABACOM AS: årsregnskap 2019 vs 2018
Grew 82% on revenue
approved 2020-06-30; registry 2020-08-04; journal 2020 644413
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABACOM AS. Revenue 3.52m NOK → 6.38m NOK (+81.6%). Equity 834.4k NOK → 506.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.52m NOK to 6.38m NOK (+81.6% YoY). Calculated
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↑
Cash rose
Bank deposits 92.2k NOK → 2.49m NOK (+2605.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +339.4k NOK → +105.5k NOK (op. margin 9.7% → 1.7%). Calculated
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↓
Equity eroded
Book equity 834.4k NOK → 506.3k NOK (equity ratio 38.9% → 12.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 426.4k NOK → 559.9k NOK (12% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.04m NOK → 4.32m NOK (+42.2% YoY). Calculated