ABD RØRSERVICE AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-05-08; registry 2020-06-08; journal 2020 396287
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABD RØRSERVICE AS. Revenue 18.02m NOK → 18.18m NOK (+0.9%). Net result +497.6k NOK → +448.6k NOK. Equity 1.46m NOK → 1.91m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 18.02m NOK to 18.18m NOK (+0.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.46m NOK → 1.91m NOK (equity ratio 23.7% → 20.9%). Calculated
-
↑
Cash rose
Bank deposits 2.01m NOK → 4.95m NOK (+146.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 6.13m NOK → 5.48m NOK (34% → 30% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +658.7k NOK → +593.9k NOK (op. margin 3.7% → 3.3%). Calculated
-
↓
Net result weakened
Net result +497.6k NOK → +448.6k NOK (net margin 2.8% → 2.5%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 8.79m NOK → 9.64m NOK (+9.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 20.0k NOK → 296.8k NOK. Reported fact