ABE UTVIKLING AS: årsregnskap 2019 vs 2018
Grew 26% on revenue
approved 2020-05-31; registry 2020-06-16; journal 2020 444562
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABE UTVIKLING AS. Revenue 660.0k NOK → 829.2k NOK (+25.6%). Net result +4 NOK → +4 096 NOK. Equity 38.2k NOK → 79.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABE UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 660.0k NOK to 829.2k NOK (+25.6% YoY). Calculated
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Operating result improved
Operating result +336.1k NOK → +460.4k NOK (op. margin 50.9% → 55.5%). Calculated
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Net result improved
Net result +4 NOK → +4 096 NOK (net margin 0.0% → 0.5%). Calculated
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Equity strengthened
Book equity 38.2k NOK → 79.1k NOK (equity ratio 0.9% → 1.8%). Calculated
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Cash rose
Bank deposits 7 350 NOK → 21.1k NOK (+187.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 190.9k NOK → 156.6k NOK (-18.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 121.1k NOK → 339.7k NOK. Reported fact