Org.nr 979 955 138 2018 → 2019 Year-over-year analysis

ABARIS CONSULTING AS: årsregnskap 2019 vs 2018

Shrank 20% on revenue

approved 2020-08-26; registry 2020-09-14; journal 2020 809586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABARIS CONSULTING AS. Revenue 7.70m NOK → 6.19m NOK (-19.7%). Equity 3.42m NOK → 3.42m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABARIS CONSULTING AS.

Scorecard

Revenue
7.70m NOK 6.19m NOK
-19.7%
Operating result
n/m -221.2k NOK
—
Net result
n/m +263.0k NOK
—
Equity
3.42m NOK 3.42m NOK
+0.0%
Cash
644.0k NOK 714.7k NOK
+11.0%
Total assets
7.98m NOK 7.26m NOK
-9.0%

What improved

  • ↑

    Cash rose

    Bank deposits 644.0k NOK → 714.7k NOK (+11.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.70m NOK to 6.19m NOK (-19.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.68m NOK → 4.99m NOK (61% → 81% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 94.3k NOK → 84.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 284.4k NOK → 169.5k NOK (-40.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 96.9k NOK → 484.8k NOK. Reported fact