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Org.nr 816 690 242 2018 → 2019 Year-over-year analysis

ABEL HEALTH AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-09-25; registry 2020-10-31; journal 2020 963971

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABEL HEALTH AS. Revenue 8.92m NOK → 8.63m NOK (-3.2%). Net result +172.4k NOK → +243.6k NOK. Equity 191.9k NOK → 435.5k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
8.92m NOK 8.63m NOK
-3.2%
Operating result
n/m +331.6k NOK
—
Net result
+172.4k NOK +243.6k NOK
+41.3%
Equity
191.9k NOK 435.5k NOK
+127.0%
Cash
490.0k NOK 920.4k NOK
+87.8%
Total assets
2.89m NOK 2.62m NOK
-9.3%

What improved

  • ↑

    Net result improved

    Net result +172.4k NOK → +243.6k NOK (net margin 1.9% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 191.9k NOK → 435.5k NOK (equity ratio 6.6% → 16.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 490.0k NOK → 920.4k NOK (+87.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.92m NOK to 8.63m NOK (-3.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 273.1k NOK → 1.45m NOK (+429.4% YoY). Calculated