Org.nr 962 093 914 2018 → 2019 Year-over-year analysis

ABAKUS NORGE AS: årsregnskap 2019 vs 2018

Grew 637% on revenue

approved 2020-04-28; registry 2020-06-04; journal 2020 390716

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABAKUS NORGE AS. Revenue 15.9k NOK → 117.1k NOK (+636.8%). Net result +19.3k NOK → +10.5k NOK. Equity -155.3k NOK → -165.9k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABAKUS NORGE AS.

Scorecard

Revenue
15.9k NOK 117.1k NOK
+636.8%
Operating result
+19.4k NOK +10.6k NOK
-45.2%
Net result
+19.3k NOK +10.5k NOK
-45.3%
Equity
-155.3k NOK -165.9k NOK
-6.8%
Cash
13.3k NOK 45.4k NOK
+241.0%
Total assets
77.7k NOK 149.9k NOK
+93.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.9k NOK to 117.1k NOK (+636.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 13.3k NOK → 45.4k NOK (+241.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +19.4k NOK → +10.6k NOK (op. margin 122.1% → 9.1%). Calculated

  • ↓

    Net result weakened

    Net result +19.3k NOK → +10.5k NOK (net margin 121.2% → 9.0%). Calculated

  • ↓

    Equity eroded

    Book equity -155.3k NOK → -165.9k NOK (equity ratio -200.0% → -110.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2 100 NOK → 39.2k NOK (+1764.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 47.9k NOK → 32.9k NOK. Reported fact