ABB AS: årsregnskap 2019 vs 2018
Shrank 42% on revenue, weaker earnings, fresh owner capital
approved 2020-03-27; registry 2020-06-06; journal 2020 392532
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABB AS. Revenue 8.53bn NOK → 4.91bn NOK (-42.4%). Net result +304.24m NOK → +134.47m NOK. Equity 1.63bn NOK → 587.54m NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 3.19m NOK → 6.41m NOK (+101.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 14.53m NOK → 405.92m NOK (+391.38m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.53bn NOK to 4.91bn NOK (-42.4% YoY). Calculated
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↓
Operating result weakened
Operating result +356.4k NOK → +195.4k NOK (op. margin 0.0% → 0.0%). Calculated
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↓
Net result weakened
Net result +304.24m NOK → +134.47m NOK (net margin 3.6% → 2.7%). Calculated
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↓
Equity eroded
Book equity 1.63bn NOK → 587.54m NOK (equity ratio 28.5% → 16.3%). Calculated