ABAX AS: årsregnskap 2019 vs 2018
Shrank 10% on revenue
approved 2020-08-31; registry 2020-10-12; journal 2020 925348
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABAX AS. Revenue 401.19m NOK → 362.99m NOK (-9.5%). Equity 474.97m NOK → 442.20m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAX AS.
At a glance
Scorecard
Revenue
401.19m NOK
362.99m NOK
-9.5%
Operating result
n/m
+9.39m NOK
—
Net result
n/m
+9.69m NOK
—
Equity
474.97m NOK
442.20m NOK
-6.9%
Cash
13.77m NOK
21.41m NOK
+55.4%
Total assets
842.47m NOK
835.33m NOK
-0.8%
What improved
-
↑
Cash rose
Bank deposits 13.77m NOK → 21.41m NOK (+55.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 401.19m NOK to 362.99m NOK (-9.5% YoY). Calculated
-
↓
Equity eroded
Book equity 474.97m NOK → 442.20m NOK (equity ratio 56.4% → 52.9%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 327.22m NOK → 350.00m NOK. Reported fact