Org.nr 919 604 662 2018 → 2019 Year-over-year analysis

ABELEE AS: årsregnskap 2019 vs 2018

Grew 55314% on revenue, fresh owner capital

approved 2020-03-03; registry 2020-06-17; journal 2020 447287

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABELEE AS. Revenue 2 147 NOK → 1.19m NOK (+55314.2%). Equity 4.11bn NOK → 137.24m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABELEE AS.

Scorecard

Revenue
2 147 NOK 1.19m NOK
+55314.2%
Operating result
-13.5k NOK -38.05m NOK
-281695.2%
Net result
-13.2k NOK n/m
—
Equity
4.11bn NOK 137.24m NOK
-96.7%
Cash
105.0k NOK 125.28m NOK
+119225.0%
Total assets
113.24m NOK 143.26m NOK
+26.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 147 NOK to 1.19m NOK (+55314.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 105.0k NOK → 125.28m NOK (+119225.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 121.9k NOK → 189.0k NOK (+67.1k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.5k NOK → -38.05m NOK (op. margin -629.0% → -3198.5%). Calculated

  • ↓

    Equity eroded

    Book equity 4.11bn NOK → 137.24m NOK (equity ratio 3628.3% → 95.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6 NOK → 15.56m NOK (0% → 1308% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8 215 NOK → 8.55m NOK. Reported fact