ABD-HOLDING AS: årsregnskap 2019 vs 2018
Shrank 91% on revenue
approved 2020-08-06; registry 2020-09-01; journal 2020 722483
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABD-HOLDING AS. Revenue 3.89m NOK → 344.1k NOK (-91.2%). Equity 1.37m NOK → 608.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABD-HOLDING AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.24m NOK → 7 892 NOK (32% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.89m NOK to 344.1k NOK (-91.2% YoY). Calculated
-
↓
Equity eroded
Book equity 1.37m NOK → 608.1k NOK (equity ratio 56.4% → 339.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.00× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.73m NOK → 124.5k NOK (-92.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 9 200 NOK → 200.0k NOK. Reported fact