Org.nr 988 382 906 2018 → 2019 Year-over-year analysis

ABCDEF AS: årsregnskap 2019 vs 2018

Grew 18137% on revenue, stronger earnings

approved 2020-06-10; registry 2020-07-15; journal 2020 579023

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABCDEF AS. Revenue 329 NOK → 60.0k NOK (+18137.1%). Net result +69.9k NOK → +129.0k NOK. Equity 16.12m NOK → 16.25m NOK.

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

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

Scorecard

Revenue
329 NOK 60.0k NOK
+18137.1%
Operating result
+41.9k NOK -1 812 NOK
-104.3%
Net result
+69.9k NOK +129.0k NOK
+84.6%
Equity
16.12m NOK 16.25m NOK
+0.8%
Cash
5 NOK 1.64m NOK
+32898340.0%
Total assets
20.81m NOK 44.87m NOK
+115.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 329 NOK to 60.0k NOK (+18137.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +69.9k NOK → +129.0k NOK (net margin 21238.0% → 215.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.12m NOK → 16.25m NOK (equity ratio 77.4% → 36.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 NOK → 1.64m NOK (+32898340.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +41.9k NOK → -1 812 NOK (op. margin 12729.8% → -3.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.23m NOK → 536.6k NOK. Reported fact