Org.nr 984 913 710 2018 → 2019 Year-over-year analysis

ABEL NAMSOS AS: årsregnskap 2019 vs 2018

Weaker earnings, fresh owner capital

approved 2020-07-31; registry 2020-08-08; journal 2020 659252

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABEL NAMSOS AS. Revenue 2.57m NOK → 2.69m NOK (+4.7%). Net result +27.3k NOK → +6 306 NOK. Equity 327.2k NOK → 333.5k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABEL NAMSOS AS.

Scorecard

Revenue
2.57m NOK 2.69m NOK
+4.7%
Operating result
+47.3k NOK +14.7k NOK
-68.9%
Net result
+27.3k NOK +6 306 NOK
-76.9%
Equity
327.2k NOK 333.5k NOK
+1.9%
Cash
411.5k NOK 411.3k NOK
-0.0%
Total assets
665.1k NOK 691.22m NOK
+103831.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.57m NOK to 2.69m NOK (+4.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 327.2k NOK → 333.5k NOK (equity ratio 49.2% → 0.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 25.0k NOK → 75.0k NOK (+50.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +47.3k NOK → +14.7k NOK (op. margin 1.8% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +27.3k NOK → +6 306 NOK (net margin 1.1% → 0.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 360.3k NOK → 385.0k NOK (+6.9% YoY). Calculated