ABCALES AS: årsregnskap 2019 vs 2018
Shrank 25% on revenue, weaker earnings
approved 2020-05-13; registry 2020-05-28; journal 2020 377950
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABCALES AS. Revenue 872.4k NOK → 653.9k NOK (-25.1%). Net result +93.1k NOK → +22.3k NOK. Equity -22.8k NOK → -522 NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -84 NOK → +22.9k NOK (op. margin -0.0% → 3.5%). Calculated
-
↑
Equity strengthened
Book equity -22.8k NOK → -522 NOK (equity ratio -13.0% → -0.4%). Calculated
-
↑
Payroll decreased
Salary cost 829.4k NOK → 565.8k NOK (95% → 87% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 872.4k NOK to 653.9k NOK (-25.1% YoY). Calculated
-
↓
Net result weakened
Net result +93.1k NOK → +22.3k NOK (net margin 10.7% → 3.4%). Calculated
-
↓
Cash fell
Bank deposits 100.8k NOK → 68.2k NOK (-32.3% YoY). Calculated