ABERIA VOKSENTOPPEN AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-08-31; registry 2020-09-23; journal 2020 847806
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABERIA VOKSENTOPPEN AS. Revenue 3.73m NOK → 3.67m NOK (-1.5%). Net result +383.6k NOK → +288.8k NOK. Equity 542.9k NOK → 371.4k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABERIA VOKSENTOPPEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +882.7k NOK → +938.1k NOK (op. margin 23.7% → 25.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.73m NOK to 3.67m NOK (-1.5% YoY). Calculated
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↓
Net result weakened
Net result +383.6k NOK → +288.8k NOK (net margin 10.3% → 7.9%). Calculated
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↓
Equity eroded
Book equity 542.9k NOK → 371.4k NOK (equity ratio 3.3% → 2.6%). Calculated
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↓
Cash fell
Bank deposits 1.54m NOK → 1.41m NOK (-8.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation