Org.nr 914 049 563 2018 → 2019 Year-over-year analysis

ABETO HOLDING AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-04-24; registry 2020-09-03; journal 2020 738806

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABETO HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5 892 NOK → +154.0k NOK. Equity 24.9k NOK → 178.8k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABETO HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-6 352 NOK -7 863 NOK
-23.8%
Net result
-5 892 NOK +154.0k NOK
+2713.4%
Equity
24.9k NOK 178.8k NOK
+619.6%
Cash
29.4k NOK 194.6k NOK
+563.2%
Total assets
54.9k NOK 216.4k NOK
+294.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 892 NOK to a profit of 154.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 24.9k NOK → 178.8k NOK (equity ratio 45.3% → 82.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.4k NOK → 194.6k NOK (+563.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 5.18×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 352 NOK → -7 863 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 25.5k NOK → 21.8k NOK. Reported fact