FirmaIQ
Org.nr 983 335 543 2018 → 2019 Year-over-year analysis

ABAKUS AS: årsregnskap 2019 vs 2018

Grew 18% on revenue, weaker earnings

approved 2020-06-02; registry 2020-06-20; journal 2020 458607

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABAKUS AS. Revenue 5.55m NOK → 6.53m NOK (+17.6%). Net result +917.5k NOK → +600.2k NOK. Equity 3.36m NOK → 3.96m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAKUS AS.

At a glance

Scorecard

Revenue
5.55m NOK 6.53m NOK
+17.6%
Operating result
+197.5k NOK +770.7k NOK
+290.2%
Net result
+917.5k NOK +600.2k NOK
-34.6%
Equity
3.36m NOK 3.96m NOK
+17.9%
Cash
1.89m NOK 1.49m NOK
-21.2%
Total assets
5.23m NOK 5.14m NOK
-1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.55m NOK to 6.53m NOK (+17.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +197.5k NOK → +770.7k NOK (op. margin 3.6% → 11.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.36m NOK → 3.96m NOK (equity ratio 64.2% → 77.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +917.5k NOK → +600.2k NOK (net margin 16.5% → 9.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.89m NOK → 1.49m NOK (-21.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.8k NOK → 21.8k NOK (-42.4% YoY). Calculated