ABC BYGGKONTROLL AS: årsregnskap 2019 vs 2018
Shrank 6% on revenue, stronger earnings
approved 2020-08-18; registry 2020-08-26; journal 2020 697818
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC BYGGKONTROLL AS. Revenue 382.9k NOK → 359.6k NOK (-6.1%). Net result +3 754 NOK → +20.1k NOK. Equity 161.2k NOK → 141.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC BYGGKONTROLL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +4 422 NOK → +25.8k NOK (op. margin 1.2% → 7.2%). Calculated
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Net result improved
Net result +3 754 NOK → +20.1k NOK (net margin 1.0% → 5.6%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 382.9k NOK to 359.6k NOK (-6.1% YoY). Calculated
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↓
Equity eroded
Book equity 161.2k NOK → 141.1k NOK (equity ratio 72.2% → 74.6%). Calculated
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Cash fell
Bank deposits 171.8k NOK → 134.7k NOK (-21.6% YoY). Calculated
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Payroll up without matching revenue
Salary cost 240.2k NOK → 252.4k NOK (63% → 70% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 46.4k NOK → 10.3k NOK (-77.7% YoY). Calculated