FirmaIQ
Org.nr 980 176 185 2018 → 2019 Year-over-year analysis

ABC STARTSIDEN AS: årsregnskap 2019 vs 2018

Shrank 19% on revenue, weaker earnings

approved 2020-03-31; registry 2020-06-22; journal 2020 467672

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABC STARTSIDEN AS. Revenue 145.36m NOK → 118.26m NOK (-18.6%). Net result +28.24m NOK → +7.82m NOK. Equity 22.06m NOK → 18.76m NOK.

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

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

At a glance

Scorecard

Revenue
145.36m NOK 118.26m NOK
-18.6%
Operating result
n/m +9.64m NOK
—
Net result
+28.24m NOK +7.82m NOK
-72.3%
Equity
22.06m NOK 18.76m NOK
-15.0%
Cash
19.53m NOK 31.51m NOK
+61.4%
Total assets
76.71m NOK 50.68m NOK
-33.9%

What improved

  • ↑

    Cash rose

    Bank deposits 19.53m NOK → 31.51m NOK (+61.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 145.36m NOK to 118.26m NOK (-18.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +28.24m NOK → +7.82m NOK (net margin 19.4% → 6.6%). Calculated

  • ↓

    Equity eroded

    Book equity 22.06m NOK → 18.76m NOK (equity ratio 28.8% → 37.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.30m NOK → 0 NOK. Reported fact