FirmaIQ
Org.nr 993 593 516 2018 → 2019 Year-over-year analysis

ABAS KOSMETIKK AS: årsregnskap 2019 vs 2018

Grew 7% on revenue, weaker earnings

approved 2020-08-26; registry 2020-09-08; journal 2020 772024

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABAS KOSMETIKK AS. Revenue 7.32m NOK → 7.81m NOK (+6.7%). Net result +314.5k NOK → +191.9k NOK. Equity 2.21m NOK → 2.40m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABAS KOSMETIKK AS.

At a glance

Scorecard

Revenue
7.32m NOK 7.81m NOK
+6.7%
Operating result
+369.3k NOK +237.3k NOK
-35.7%
Net result
+314.5k NOK +191.9k NOK
-39.0%
Equity
2.21m NOK 2.40m NOK
+8.7%
Cash
931.4k NOK 1.24m NOK
+33.5%
Total assets
4.18m NOK 4.39m NOK
+5.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.32m NOK to 7.81m NOK (+6.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.21m NOK → 2.40m NOK (equity ratio 52.8% → 54.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 931.4k NOK → 1.24m NOK (+33.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.14m NOK → 1.96m NOK (29% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +369.3k NOK → +237.3k NOK (op. margin 5.0% → 3.0%). Calculated

  • ↓

    Net result weakened

    Net result +314.5k NOK → +191.9k NOK (net margin 4.3% → 2.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.34m NOK → 4.07m NOK (+21.8% YoY). Calculated