FirmaIQ
Org.nr 919 608 811 2018 → 2019 Year-over-year analysis

ABEL TECHNOLOGIES AS: årsregnskap 2019 vs 2018

Grew 67% on revenue, stronger earnings, fresh owner capital

approved 2020-05-04; registry 2020-11-16; journal 2020 968047

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABEL TECHNOLOGIES AS. Revenue 425.0k NOK → 710.2k NOK (+67.1%). Net result -756.1k NOK → -12.6k NOK. Equity -909.2k NOK → -23.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
425.0k NOK 710.2k NOK
+67.1%
Operating result
-755.9k NOK -9 792 NOK
+98.7%
Net result
-756.1k NOK -12.6k NOK
+98.3%
Equity
-909.2k NOK -23.1k NOK
+97.5%
Cash
24.4k NOK 54.0k NOK
+121.1%
Total assets
26.7k NOK 80.0k NOK
+200.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 425.0k NOK to 710.2k NOK (+67.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -755.9k NOK → -9 792 NOK (op. margin -177.9% → -1.4%). Calculated

  • ↑

    Net result improved

    Net result -756.1k NOK → -12.6k NOK (net margin -177.9% → -1.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -909.2k NOK → -23.1k NOK (equity ratio -3410.9% → -28.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 24.4k NOK → 54.0k NOK (+121.1% YoY). Calculated