ABBAS EIENDOM AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, weaker earnings
approved 2019-12-31; registry 2020-09-02; journal 2020 734540
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABBAS EIENDOM AS. Revenue 97.0k NOK → 111.9k NOK (+15.3%). Net result -68.1k NOK → -305.9k NOK. Equity -320.9k NOK → -626.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 97.0k NOK to 111.9k NOK (+15.3% YoY). Calculated
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↑
Cash rose
Bank deposits 6 191 NOK → 12.4k NOK (+100.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -67.1k NOK → -306.0k NOK (op. margin -69.1% → -273.5%). Calculated
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↓
Net result weakened
Net result -68.1k NOK → -305.9k NOK (net margin -70.3% → -273.5%). Calculated
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↓
Equity eroded
Book equity -320.9k NOK → -626.9k NOK (equity ratio -5184.0% → -5053.9%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 118.2k NOK → 130.9k NOK (+10.8% YoY). Calculated