Org.nr 989 554 786 2018 → 2019 Year-over-year analysis

ABEL DIGITAL SECURITY AS: årsregnskap 2019 vs 2018

Grew 7% on revenue

approved 2020-04-16; registry 2020-04-20; journal 2020 297790

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABEL DIGITAL SECURITY AS. Revenue 40.1k NOK → 43.1k NOK (+7.5%). Equity 11.8k NOK → 176.8k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABEL DIGITAL SECURITY AS.

Scorecard

Revenue
40.1k NOK 43.1k NOK
+7.5%
Operating result
n/m -77.2k NOK
—
Net result
n/m +8 956 NOK
—
Equity
11.8k NOK 176.8k NOK
+1395.7%
Cash
129.3k NOK 115.3k NOK
-10.8%
Total assets
208.3k NOK 401.0k NOK
+92.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.1k NOK to 43.1k NOK (+7.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.8k NOK → 176.8k NOK (equity ratio 5.7% → 44.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 129.3k NOK → 115.3k NOK (-10.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8 042 NOK → 66.7k NOK (+729.2% YoY). Calculated