ABACUS HOLDING AS: årsregnskap 2019 vs 2018
Shrank 72% on revenue
approved 2020-04-06; registry 2020-04-14; journal 2020 285790
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABACUS HOLDING AS. Revenue 1.07m NOK → 300.0k NOK (-71.9%). Equity 2.12m NOK → 2.09m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.07m NOK
300.0k NOK
-71.9%
Operating result
+1.05m NOK
+273.2k NOK
-74.0%
Equity
2.12m NOK
2.09m NOK
-1.3%
Cash
342.2k NOK
848.3k NOK
+147.9%
Total assets
2.12m NOK
2.10m NOK
-1.0%
What improved
-
↑
Cash rose
Bank deposits 342.2k NOK → 848.3k NOK (+147.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.07m NOK to 300.0k NOK (-71.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.05m NOK → +273.2k NOK (op. margin 98.4% → 91.1%). Calculated
-
↓
Equity eroded
Book equity 2.12m NOK → 2.09m NOK (equity ratio 100.0% → 99.7%). Calculated