FirmaIQ
Org.nr 981 566 459 2018 → 2019 Year-over-year analysis

ABE STAR PARKETT AS: årsregnskap 2019 vs 2018

Grew 20% on revenue, stronger earnings

approved 2020-05-12; registry 2020-06-08; journal 2020 399497

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABE STAR PARKETT AS. Revenue 4.53m NOK → 5.42m NOK (+19.8%). Net result +238.8k NOK → +604.9k NOK. Equity 800.5k NOK → 905.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.

At a glance

Scorecard

Revenue
4.53m NOK 5.42m NOK
+19.8%
Operating result
+338.2k NOK +803.7k NOK
+137.7%
Net result
+238.8k NOK +604.9k NOK
+153.3%
Equity
800.5k NOK 905.4k NOK
+13.1%
Cash
1.12m NOK 1.92m NOK
+71.3%
Total assets
2.18m NOK 2.70m NOK
+23.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.53m NOK to 5.42m NOK (+19.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +338.2k NOK → +803.7k NOK (op. margin 7.5% → 14.8%). Calculated

  • ↑

    Net result improved

    Net result +238.8k NOK → +604.9k NOK (net margin 5.3% → 11.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 800.5k NOK → 905.4k NOK (equity ratio 36.7% → 33.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.12m NOK → 1.92m NOK (+71.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.68m NOK → 3.20m NOK (59% → 59% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 854.5k NOK → 924.4k NOK (+8.2% YoY). Calculated