FirmaIQ
Org.nr 980 656 713 2018 → 2019 Year-over-year analysis

ABACOT AS: årsregnskap 2019 vs 2018

Shrank 31% on revenue, weaker earnings, cash halved-plus

approved 2020-06-15; registry 2020-06-23; journal 2020 480303

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABACOT AS. Revenue 667.8k NOK → 463.2k NOK (-30.6%). Net result +271.7k NOK → +141.7k NOK. Equity 1.81m NOK → 1.74m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
667.8k NOK 463.2k NOK
-30.6%
Operating result
+18.2k NOK +22.2k NOK
+21.7%
Net result
+271.7k NOK +141.7k NOK
-47.9%
Equity
1.81m NOK 1.74m NOK
-3.8%
Cash
123.7k NOK 20.0k NOK
-83.8%
Total assets
2.26m NOK 2.17m NOK
-4.1%

What improved

  • ↑

    Operating result improved

    Operating result +18.2k NOK → +22.2k NOK (op. margin 2.7% → 4.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 667.8k NOK to 463.2k NOK (-30.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +271.7k NOK → +141.7k NOK (net margin 40.7% → 30.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.81m NOK → 1.74m NOK (equity ratio 80.2% → 80.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 123.7k NOK → 20.0k NOK (-83.8% YoY). Calculated