Org.nr 998 750 520 2018 → 2019 Year-over-year analysis

ABELS GATE 22 AS: årsregnskap 2019 vs 2018

Grew 320% on revenue, fresh owner capital

approved 2020-06-06; registry 2020-09-07; journal 2020 765754

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABELS GATE 22 AS. Revenue 104.8k NOK → 440.4k NOK (+320.2%). Equity 22.5k NOK → -883.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABELS GATE 22 AS.

Scorecard

Revenue
104.8k NOK 440.4k NOK
+320.2%
Operating result
+82.7k NOK +4.38m NOK
+5194.3%
Net result
n/m +3.24m NOK
—
Equity
22.5k NOK -883.0k NOK
-4023.8%
Cash
7 311 NOK 7 311 NOK
0.0%
Total assets
6.06m NOK 0 NOK
-100.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 104.8k NOK to 440.4k NOK (+320.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +82.7k NOK → +4.38m NOK (op. margin 78.9% → 994.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 18.7k NOK → 22.5k NOK (+3 773 NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 22.5k NOK → -883.0k NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 22.1k NOK → 60.3k NOK (21% → 14% of revenue). Calculated