ABC DAGLIGVARER AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-05-15; registry 2020-06-22; journal 2020 467872
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC DAGLIGVARER AS. Revenue 22.78m NOK → 22.76m NOK (-0.1%). Net result -343.7k NOK → +230.9k NOK. Equity -39.4k NOK → 6.19m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC DAGLIGVARER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -385.9k NOK → +356.8k NOK (op. margin -1.7% → 1.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 343.7k NOK to a profit of 230.9k NOK. Calculated
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↑
Equity strengthened
Book equity -39.4k NOK → 6.19m NOK (equity ratio -1.9% → 272.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 1.01×. Calculated
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↑
Payroll decreased
Salary cost 2.76m NOK → 2.40m NOK (12% → 11% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 22.78m NOK to 22.76m NOK (-0.1% YoY). Calculated
-
↓
Cash fell
Bank deposits 221.9k NOK → 216.1k NOK (-2.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 17.61m NOK → 17.16m NOK (-2.5% YoY). Calculated