FirmaIQ
Org.nr 992 053 461 2018 → 2019 Year-over-year analysis

ABEL MEYERSGATE 3 AS: årsregnskap 2019 vs 2018

Grew 10% on revenue, stronger earnings

approved 2020-06-15; registry 2020-09-14; journal 2020 807447

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABEL MEYERSGATE 3 AS. Revenue 551.5k NOK → 608.9k NOK (+10.4%). Net result +65.4k NOK → +97.3k NOK. Equity 264.8k NOK → 284.1k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
551.5k NOK 608.9k NOK
+10.4%
Operating result
+164.8k NOK +203.4k NOK
+23.4%
Net result
+65.4k NOK +97.3k NOK
+48.7%
Equity
264.8k NOK 284.1k NOK
+7.3%
Cash
325.7k NOK 286.7k NOK
-12.0%
Total assets
3.73m NOK 3.69m NOK
-1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 551.5k NOK to 608.9k NOK (+10.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +164.8k NOK → +203.4k NOK (op. margin 29.9% → 33.4%). Calculated

  • ↑

    Net result improved

    Net result +65.4k NOK → +97.3k NOK (net margin 11.9% → 16.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 264.8k NOK → 284.1k NOK (equity ratio 7.1% → 7.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 325.7k NOK → 286.7k NOK (-12.0% YoY). Calculated