Org.nr 983 949 177 2018 → 2019 Year-over-year analysis

ABECO AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-03-04; registry 2020-03-16; journal 2020 244912

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABECO AS. Revenue 1.59m NOK → 1.66m NOK (+3.9%). Net result +4 NOK → +73.9k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened.

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

Scorecard

Revenue
1.59m NOK 1.66m NOK
+3.9%
Operating result
+102.6k NOK +80.5k NOK
-21.6%
Net result
+4 NOK +73.9k NOK
+1846750.0%
Equity
13 NOK n/m
—
Cash
118.9k NOK 303.2k NOK
+155.0%
Total assets
367.7k NOK 523.9k NOK
+42.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.59m NOK to 1.66m NOK (+3.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +4 NOK → +73.9k NOK (net margin 0.0% → 4.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 118.9k NOK → 303.2k NOK (+155.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +102.6k NOK → +80.5k NOK (op. margin 6.4% → 4.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 70.7k NOK → 40.5k NOK. Reported fact