Org.nr 914 765 730 2018 → 2019 Year-over-year analysis

ABELSEN TØMRERSERVICE AS: årsregnskap 2019 vs 2018

Grew 31% on revenue

approved 2020-05-25; registry 2020-06-06; journal 2020 395085

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABELSEN TØMRERSERVICE AS. Revenue 3.36m NOK → 4.39m NOK (+30.6%). Equity 568.8k NOK → 713.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABELSEN TØMRERSERVICE AS.

Scorecard

Revenue
3.36m NOK 4.39m NOK
+30.6%
Operating result
n/m +186.3k NOK
—
Net result
n/m +144.7k NOK
—
Equity
568.8k NOK 713.5k NOK
+25.4%
Cash
98.8k NOK 1.12m NOK
+1033.4%
Total assets
1 191 NOK 1.36m NOK
+113915.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.36m NOK to 4.39m NOK (+30.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 568.8k NOK → 713.5k NOK (equity ratio 47755.9% → 52.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 98.8k NOK → 1.12m NOK (+1033.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.23× → 1.99×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.29m NOK → 1.53m NOK (+18.7% YoY). Calculated