Org.nr 839 850 832 2018 → 2019 Year-over-year analysis

ABC FORUM AS: årsregnskap 2019 vs 2018

Shrank 33% on revenue

approved 2020-04-01; registry 2020-04-15; journal 2020 289801

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABC FORUM AS. Revenue 739.4k NOK → 495.0k NOK (-33.1%). Equity 3.38m NOK → 3.42m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC FORUM AS.

At a glance

Revenue

739.4k NOK 495.0k NOK

-33.1%

Operating result

n/m +39.5k NOK

—

Net result

n/m +342.0k NOK

—

Equity

3.38m NOK 3.42m NOK

+1.2%

Cash

382.5k NOK 397.9k NOK

+4.0%

Total assets

4.10m NOK 3.91m NOK

-4.7%

↑
Equity strengthened

Book equity 3.38m NOK → 3.42m NOK (equity ratio 82.5% → 87.7%). Calculated
↑
Cash rose

Bank deposits 382.5k NOK → 397.9k NOK (+4.0% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.71× → 1.19×. Calculated
↑
Payroll decreased

Salary cost 307.3k NOK → 300.8k NOK (42% → 61% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 739.4k NOK to 495.0k NOK (-33.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3.54m NOK → 2.28m NOK. Reported fact