ABENE AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue
approved 2020-04-08; registry 2020-04-29; journal 2020 317663
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABENE AS. Revenue 4.59m NOK → 4.23m NOK (-7.8%). Equity 1.22m NOK → 2.15m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
4.59m NOK
4.23m NOK
-7.8%
Operating result
+1.35m NOK
+1.60m NOK
+18.7%
Net result
n/m
+1.23m NOK
—
Equity
1.22m NOK
2.15m NOK
+76.1%
Cash
4.43m NOK
5.29m NOK
+19.6%
Total assets
5.67m NOK
5.98m NOK
+5.5%
What improved
-
↑
Operating result improved
Operating result +1.35m NOK → +1.60m NOK (op. margin 29.3% → 37.7%). Calculated
-
↑
Equity strengthened
Book equity 1.22m NOK → 2.15m NOK (equity ratio 21.5% → 35.9%). Calculated
-
↑
Cash rose
Bank deposits 4.43m NOK → 5.29m NOK (+19.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.90m NOK → 2.30m NOK (63% → 54% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.59m NOK to 4.23m NOK (-7.8% YoY). Calculated