Org.nr 990 818 932 2018 → 2019 Year-over-year analysis

ABC MATTESERVICE AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-31; registry 2020-04-02; journal 2020 273712

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABC MATTESERVICE AS. Revenue 2.14m NOK → 2.19m NOK (+2.2%). Equity 755.1k NOK → 731.9k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC MATTESERVICE AS.

At a glance

Revenue

2.14m NOK 2.19m NOK

+2.2%

Operating result

n/m -4 461 NOK

—

Net result

n/m -23.2k NOK

—

Equity

755.1k NOK 731.9k NOK

-3.1%

Cash

92.7k NOK 6 052 NOK

-93.5%

Total assets

1.66m NOK 1.51m NOK

-8.7%

↑
Revenue rose

Operating income / revenue moved from 2.14m NOK to 2.19m NOK (+2.2% YoY). Calculated

↓
Equity eroded

Book equity 755.1k NOK → 731.9k NOK (equity ratio 45.6% → 48.4%). Calculated
↓
Cash fell

Bank deposits 92.7k NOK → 6 052 NOK (-93.5% YoY). Calculated

·
Payroll increased

Salary cost 2 018 NOK → 291.7k NOK (0% → 13% of revenue). Calculated
·
COGS fell

COGS / varekostnad 775.6k NOK → 712.2k NOK (-8.2% YoY). Calculated