ABACUS PLM SOLUTIONS AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-06-30; registry 2020-08-05; journal 2020 653467
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABACUS PLM SOLUTIONS AS. Revenue 1.26m NOK → 1.20m NOK (-4.5%). Net result -364.3k NOK → +21.8k NOK. Equity -36.7k NOK → -14.9k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.26m NOK
1.20m NOK
-4.5%
Operating result
n/m
+21.8k NOK
—
Net result
-364.3k NOK
+21.8k NOK
+106.0%
Equity
-36.7k NOK
-14.9k NOK
+59.4%
Cash
75.5k NOK
282.3k NOK
+273.8%
Total assets
309.6k NOK
474.1k NOK
+53.1%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 364.3k NOK to a profit of 21.8k NOK. Calculated
-
↑
Equity strengthened
Book equity -36.7k NOK → -14.9k NOK (equity ratio -11.9% → -3.1%). Calculated
-
↑
Cash rose
Bank deposits 75.5k NOK → 282.3k NOK (+273.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.26m NOK to 1.20m NOK (-4.5% YoY). Calculated