ABC ELEKTRO TEAM AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-06-29; registry 2020-07-07; journal 2020 544015
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC ELEKTRO TEAM AS. Revenue 16.70m NOK → 16.55m NOK (-0.9%). Net result +972.0k NOK → +173.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; cogs moved.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
16.70m NOK
16.55m NOK
-0.9%
Net result
+972.0k NOK
+173.9k NOK
-82.1%
Equity
10 NOK
n/m
—
Cash
747.4k NOK
836.3k NOK
+11.9%
Total assets
5.28m NOK
4.98m NOK
-5.6%
What improved
-
↑
Cash rose
Bank deposits 747.4k NOK → 836.3k NOK (+11.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 16.70m NOK to 16.55m NOK (-0.9% YoY). Calculated
-
↓
Net result weakened
Net result +972.0k NOK → +173.9k NOK (net margin 5.8% → 1.1%). Calculated
-
↓
COGS moved
COGS / varekostnad 5.67m NOK → 6.40m NOK (+12.9% YoY). Calculated