ABB ELECTRIFICATION NORWAY AS: årsregnskap 2019 vs 2018
Shrank 99% on revenue, fresh owner capital
approved 2020-03-25; registry 2020-05-06; journal 2020 334263
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABB ELECTRIFICATION NORWAY AS. Revenue 197.0k NOK → 2 694 NOK (-98.6%). Equity 0 NOK → 223.43m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABB ELECTRIFICATION NORWAY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result 0 NOK → +218.5k NOK (op. margin 0.0% → 8109.2%). Calculated
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↑
Equity strengthened
Book equity 0 NOK → 223.43m NOK. Calculated
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↑
Cash rose
Bank deposits 0 NOK → 27.7k NOK (None YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 1039139.12×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 0 NOK → 223.4k NOK (+223.4k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 197.0k NOK to 2 694 NOK (-98.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 52.0k NOK → 22.4k NOK (-56.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 157.2k NOK. Reported fact