FirmaIQ
Org.nr 984 941 293 2018 → 2019 Year-over-year analysis

ABELCO AS: årsregnskap 2019 vs 2018

Shrank 7% on revenue, weaker earnings

approved 2020-06-25; registry 2020-07-09; journal 2020 571327

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABELCO AS. Revenue 371.5k NOK → 345.0k NOK (-7.1%). Net result +101.2k NOK → +73.4k NOK. Equity 1.38m NOK → 1.45m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
371.5k NOK 345.0k NOK
-7.1%
Operating result
+171.8k NOK +132.7k NOK
-22.8%
Net result
+101.2k NOK +73.4k NOK
-27.4%
Equity
1.38m NOK 1.45m NOK
+5.3%
Cash
25.3k NOK 38.1k NOK
+50.5%
Total assets
2.47m NOK 2.41m NOK
-2.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.38m NOK → 1.45m NOK (equity ratio 55.9% → 60.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 25.3k NOK → 38.1k NOK (+50.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 371.5k NOK to 345.0k NOK (-7.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +171.8k NOK → +132.7k NOK (op. margin 46.2% → 38.5%). Calculated

  • ↓

    Net result weakened

    Net result +101.2k NOK → +73.4k NOK (net margin 27.2% → 21.3%). Calculated