ABCHUS HOLDING AS: årsregnskap 2019 vs 2018
Grew 586% on revenue, slipped into loss
approved 2020-06-17; registry 2020-07-25; journal 2020 604823
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABCHUS HOLDING AS. Revenue 159.4k NOK → 1.09m NOK (+586.2%). Net result +13.9k NOK → -49.49m NOK. Equity 3.15bn NOK → 3.13bn NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABCHUS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 159.4k NOK to 1.09m NOK (+586.2% YoY). Calculated
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↑
Cash rose
Bank deposits 341.3k NOK → 544.6k NOK (+59.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 159.6k NOK → 184.6k NOK (+25.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +18.8k NOK → -3 488 NOK (op. margin 11.8% → -0.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 13.9k NOK profit to a loss of 49.49m NOK. Calculated
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↓
Equity eroded
Book equity 3.15bn NOK → 3.13bn NOK (equity ratio 1915.0% → 1948.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 159.6k NOK → 135.03m NOK. Reported fact