Org.nr 940 106 966 2018 → 2019 Year-over-year analysis

Abacus Consult AS: årsregnskap 2019 vs 2018

Shrank 54% on revenue

approved 2020-09-25; registry 2020-10-03; journal 2020 896358

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for Abacus Consult AS. Revenue 1.32m NOK → 601.5k NOK (-54.5%). Equity 32.36m NOK → 20.41m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for Abacus Consult AS.

At a glance

Revenue

1.32m NOK 601.5k NOK

-54.5%

Operating result

n/m -283.1k NOK

—

Net result

n/m -11.94m NOK

—

Equity

32.36m NOK 20.41m NOK

-36.9%

Cash

9.60m NOK 9.21m NOK

-4.0%

Total assets

33.19m NOK 21.91m NOK

-34.0%

↑
Payroll decreased

Salary cost 187.0k NOK → 99.7k NOK (14% → 17% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.32m NOK to 601.5k NOK (-54.5% YoY). Calculated
↓
Equity eroded

Book equity 32.36m NOK → 20.41m NOK (equity ratio 97.5% → 93.2%). Calculated
↓
Cash fell

Bank deposits 9.60m NOK → 9.21m NOK (-4.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 20.92m NOK → 10.09m NOK. Reported fact