FirmaIQ
Org.nr 920 144 632 2018 → 2019 Year-over-year analysis

ABEL MEYERSGATE AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-08-31; registry 2020-10-03; journal 2020 897533

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABEL MEYERSGATE AS. Revenue 513.5k NOK → 535.8k NOK (+4.3%). Net result +205.2k NOK → -149.6k NOK. Equity 2.56m NOK → 2.41m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
513.5k NOK 535.8k NOK
+4.3%
Operating result
+236.2k NOK -192.0k NOK
-181.3%
Net result
+205.2k NOK -149.6k NOK
-172.9%
Equity
2.56m NOK 2.41m NOK
-5.8%
Cash
2 589 NOK 327.4k NOK
+12547.1%
Total assets
3.53m NOK 3.53m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 513.5k NOK to 535.8k NOK (+4.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2 589 NOK → 327.4k NOK (+12547.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +236.2k NOK → -192.0k NOK (op. margin 46.0% → -35.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 205.2k NOK profit to a loss of 149.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.56m NOK → 2.41m NOK (equity ratio 72.7% → 68.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated