Org.nr 998 085 497 2018 → 2019 Year-over-year analysis

ABBVIE AS: årsregnskap 2019 vs 2018

Shrank 49% on revenue

approved 2020-06-29; registry 2020-07-09; journal 2020 554792

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABBVIE AS. Revenue 449.29m NOK → 229.31m NOK (-49.0%). Equity 59.72m NOK → 72.14m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBVIE AS.

At a glance

Revenue

449.29m NOK 229.31m NOK

-49.0%

Operating result

n/m +15.14m NOK

—

Net result

n/m +12.42m NOK

—

Equity

59.72m NOK 72.14m NOK

+20.8%

Cash

0 NOK n/m

—

Total assets

147.29m NOK 297.64m NOK

+102.1%

↑
Equity strengthened

Book equity 59.72m NOK → 72.14m NOK (equity ratio 40.5% → 24.2%). Calculated
↑
Payroll decreased

Salary cost 11.11bn NOK → 103.77m NOK (2472% → 45% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 449.29m NOK to 229.31m NOK (-49.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 285.22m NOK → 61.39m NOK (-78.5% YoY). Calculated