ABC MOJO CAPITAL HOLDING AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-08-28; registry 2020-09-09; journal 2020 774420
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC MOJO CAPITAL HOLDING AS. Revenue 49.2k NOK → 49.8k NOK (+1.0%). Net result -54.9k NOK → +5.58m NOK. Equity -804.2k NOK → -221.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC MOJO CAPITAL HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 49.2k NOK to 49.8k NOK (+1.0% YoY). Calculated
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↑
Operating result improved
Operating result -54.9k NOK → +23.5k NOK (op. margin -111.4% → 47.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 54.9k NOK to a profit of 5.58m NOK. Calculated
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↑
Equity strengthened
Book equity -804.2k NOK → -221.0k NOK (equity ratio -1143.8% → -33.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 20.1k NOK → 5 681 NOK (-71.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 50.3k NOK → 3.12m NOK. Reported fact