Org.nr 913 287 053 2018 → 2019 Year-over-year analysis

ABC-MØBLER AS: årsregnskap 2019 vs 2018

Shrank 9% on revenue

approved 2020-06-02; registry 2020-08-15; journal 2020 672164

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABC-MØBLER AS. Revenue 18.86m NOK → 17.15m NOK (-9.1%). Equity 1.92m NOK → 1.49m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC-MØBLER AS.

At a glance

Revenue

18.86m NOK 17.15m NOK

-9.1%

Operating result

n/m -483.9k NOK

—

Net result

n/m -453.0k NOK

—

Equity

1.92m NOK 1.49m NOK

-22.5%

Cash

337.9k NOK 591.9k NOK

+75.2%

Total assets

7.05m NOK 7.08m NOK

+0.4%

↑
Cash rose

Bank deposits 337.9k NOK → 591.9k NOK (+75.2% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 589.7k NOK → 611.2k NOK (+21.5k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 18.86m NOK to 17.15m NOK (-9.1% YoY). Calculated
↓
Equity eroded

Book equity 1.92m NOK → 1.49m NOK (equity ratio 27.2% → 21.0%). Calculated

·
COGS fell

COGS / varekostnad 11.73m NOK → 10.40m NOK (-11.4% YoY). Calculated