ABANTI AS: årsregnskap 2019 vs 2018
Shrank 35% on revenue, slipped into loss, fresh owner capital
approved 2020-09-02; registry 2020-09-10; journal 2020 793518
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABANTI AS. Revenue 1.25m NOK → 811.5k NOK (-34.9%). Net result +159.5k NOK → -66.4k NOK. Equity -323.0k NOK → 10.6k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -323.0k NOK → 10.6k NOK (equity ratio -142.5% → 6.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.51× → 2.35×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 430.0k NOK (+400.0k NOK). Reported fact
-
↑
Payroll decreased
Salary cost 209.1k NOK → 52.7k NOK (17% → 6% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 811.5k NOK (-34.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +213.8k NOK → -29.2k NOK (op. margin 17.1% → -3.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 159.5k NOK profit to a loss of 66.4k NOK. Calculated
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↓
Cash fell
Bank deposits 32.2k NOK → 17.5k NOK (-45.7% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 378.3k NOK → 431.9k NOK (+14.2% YoY). Calculated