ABCGRAFISK AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, weaker earnings
approved 2020-09-30; registry 2020-10-07; journal 2020 924184
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABCGRAFISK AS. Revenue 2.56m NOK → 2.82m NOK (+10.1%). Net result +225.9k NOK → +92.3k NOK. Equity 564.9k NOK → 657.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABCGRAFISK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.56m NOK to 2.82m NOK (+10.1% YoY). Calculated
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↑
Equity strengthened
Book equity 564.9k NOK → 657.2k NOK (equity ratio 68.3% → 74.3%). Calculated
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↑
Cash rose
Bank deposits 190.5k NOK → 300.1k NOK (+57.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +276.3k NOK → +135.0k NOK (op. margin 10.8% → 4.8%). Calculated
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↓
Net result weakened
Net result +225.9k NOK → +92.3k NOK (net margin 8.8% → 3.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 958 NOK → 1.95bn NOK (0% → 69222% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 698.2k NOK → 658.3k NOK (-5.7% YoY). Calculated