ABELON GROUP AS: årsregnskap 2019 vs 2018
Grew 257% on revenue
approved 2020-06-11; registry 2020-07-09; journal 2020 551908
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABELON GROUP AS. Revenue 1.46m NOK → 5.21m NOK (+257.2%). Equity 3.34m NOK → 1.79m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABELON GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.46m NOK to 5.21m NOK (+257.2% YoY). Calculated
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↑
Cash rose
Bank deposits 142.6k NOK → 157.0k NOK (+10.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.34m NOK → 1.79m NOK (equity ratio 92.2% → 33.3%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 425.0k NOK → 318.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 276.8k NOK → 77.9k NOK (-71.9% YoY). Calculated