FirmaIQ
Org.nr 913 174 682 2018 → 2019 Year-over-year analysis

ABC SOLUTIONS AS: årsregnskap 2019 vs 2018

Grew 19% on revenue

approved 2020-06-05; registry 2020-06-17; journal 2020 448021

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABC SOLUTIONS AS. Revenue 3.73m NOK → 4.46m NOK (+19.5%). Net result +201.5k NOK → +165.1k NOK. Equity 310.7k NOK → 475.8k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC SOLUTIONS AS.

At a glance

Scorecard

Revenue
3.73m NOK 4.46m NOK
+19.5%
Operating result
+252.6k NOK +211.5k NOK
-16.3%
Net result
+201.5k NOK +165.1k NOK
-18.0%
Equity
310.7k NOK 475.8k NOK
+53.2%
Cash
52.0k NOK 625.4k NOK
+1102.9%
Total assets
936.9k NOK 905.4k NOK
-3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.73m NOK to 4.46m NOK (+19.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 310.7k NOK → 475.8k NOK (equity ratio 33.2% → 52.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 52.0k NOK → 625.4k NOK (+1102.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +252.6k NOK → +211.5k NOK (op. margin 6.8% → 4.7%). Calculated

  • ↓

    Net result weakened

    Net result +201.5k NOK → +165.1k NOK (net margin 5.4% → 3.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 736.0k NOK → 3.27m NOK (+344.2% YoY). Calculated