ABBAS HOLDING AS: årsregnskap 2019 vs 2018
Shrank 84% on revenue, cash halved-plus
approved 2019-12-31; registry 2020-10-08; journal 2020 938688
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABBAS HOLDING AS. Revenue 293.6k NOK → 46.2k NOK (-84.3%). Equity 10.35m NOK → 10.23m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABBAS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -974.0k NOK → -118.1k NOK (op. margin -331.8% → -255.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 293.6k NOK to 46.2k NOK (-84.3% YoY). Calculated
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↓
Equity eroded
Book equity 10.35m NOK → 10.23m NOK (equity ratio 1253.2% → 9700.8%). Calculated
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↓
Cash fell
Bank deposits 91.2k NOK → 402 NOK (-99.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 57.6k NOK → 18.0k NOK (-68.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 14 NOK. Reported fact