Org.nr 897 047 292 2018 → 2019 Year-over-year analysis

ABC ART BUSINESS COLLECTION AS: årsregnskap 2019 vs 2018

Grew 12% on revenue

approved 2020-04-28; registry 2020-06-03; journal 2020 382592

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABC ART BUSINESS COLLECTION AS. Revenue 3.87m NOK → 4.35m NOK (+12.4%). Equity 1.90m NOK → 2.06m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC ART BUSINESS COLLECTION AS.

At a glance

Revenue

3.87m NOK 4.35m NOK

+12.4%

Operating result

+493.6k NOK +357.9k NOK

-27.5%

Net result

n/m +161.4k NOK

—

Equity

1.90m NOK 2.06m NOK

+8.5%

Cash

28.3k NOK 23.4k NOK

-17.3%

Total assets

2.85m NOK 4.13m NOK

+44.9%

↑
Revenue rose

Operating income / revenue moved from 3.87m NOK to 4.35m NOK (+12.4% YoY). Calculated
↑
Equity strengthened

Book equity 1.90m NOK → 2.06m NOK (equity ratio 66.9% → 50.0%). Calculated

↓
Operating result weakened

Operating result +493.6k NOK → +357.9k NOK (op. margin 12.7% → 8.2%). Calculated
↓
Cash fell

Bank deposits 28.3k NOK → 23.4k NOK (-17.3% YoY). Calculated

·
Payroll increased

Salary cost 265.4k NOK → 861.3k NOK (7% → 20% of revenue). Calculated
·
COGS moved

COGS / varekostnad 2.54m NOK → 2.78m NOK (+9.7% YoY). Calculated