FirmaIQ
Org.nr 980 511 103 2018 → 2019 Year-over-year analysis

ABACUS AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-30; registry 2020-09-09; journal 2020 777090

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABACUS AS. Revenue 2.76m NOK → 2.82m NOK (+2.1%). Net result +97.6k NOK → +57.8k NOK. Equity 457.1k NOK → 214.9k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.76m NOK 2.82m NOK
+2.1%
Operating result
+124.7k NOK +71.3k NOK
-42.8%
Net result
+97.6k NOK +57.8k NOK
-40.8%
Equity
457.1k NOK 214.9k NOK
-53.0%
Cash
578.4k NOK 525.7k NOK
-9.1%
Total assets
1.01m NOK 1.22m NOK
+20.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.76m NOK to 2.82m NOK (+2.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.57m NOK → 1.54m NOK (57% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +124.7k NOK → +71.3k NOK (op. margin 4.5% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +97.6k NOK → +57.8k NOK (net margin 3.5% → 2.0%). Calculated

  • ↓

    Equity eroded

    Book equity 457.1k NOK → 214.9k NOK (equity ratio 45.1% → 17.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 578.4k NOK → 525.7k NOK (-9.1% YoY). Calculated