Org.nr 990 837 546 2018 → 2019 Year-over-year analysis

ABCONOR AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, slipped into loss, fresh owner capital

approved 2020-08-31; registry 2020-09-28; journal 2020 882620

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABCONOR AS. Revenue 235.1k NOK → 0 NOK (-100.0%). Net result +608.5k NOK → -83.8k NOK. Equity 328.6k NOK → 244.8k NOK.

On the constructive side: current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
235.1k NOK 0 NOK
-100.0%
Operating result
+664.5k NOK -67.0k NOK
-110.1%
Net result
+608.5k NOK -83.8k NOK
-113.8%
Equity
328.6k NOK 244.8k NOK
-25.5%
Cash
465.3k NOK 444.8k NOK
-4.4%
Total assets
2.39m NOK 537.7k NOK
-77.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.11× → 1.52×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 126.7k NOK → 244.8k NOK (+118.1k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 235.1k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +664.5k NOK → -67.0k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 608.5k NOK profit to a loss of 83.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 328.6k NOK → 244.8k NOK (equity ratio 13.8% → 45.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 465.3k NOK → 444.8k NOK (-4.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 35.0k NOK → 0 NOK. Reported fact