ABEXWORKS AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-05-24; registry 2020-08-04; journal 2020 643174
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABEXWORKS AS. Net result +1.30m NOK → +1.60m NOK. Equity 7.86m NOK → 8.34m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-18.6k NOK
-20.5k NOK
-10.2%
Net result
+1.30m NOK
+1.60m NOK
+23.0%
Equity
7.86m NOK
8.34m NOK
+6.2%
Cash
821.1k NOK
67.7k NOK
-91.8%
Total assets
8.22m NOK
8.75m NOK
+6.5%
What improved
-
↑
Net result improved
Net result +1.30m NOK → +1.60m NOK. Calculated
-
↑
Equity strengthened
Book equity 7.86m NOK → 8.34m NOK (equity ratio 95.6% → 95.3%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -18.6k NOK → -20.5k NOK. Calculated
-
↓
Cash fell
Bank deposits 821.1k NOK → 67.7k NOK (-91.8% YoY). Calculated