FirmaIQ
Org.nr 883 603 362 2018 → 2019 Year-over-year analysis

ABG SUNDAL COLLIER ASA: årsregnskap 2019 vs 2018

Shrank 100% on revenue, weaker earnings

approved 2020-04-28; registry 2020-05-12; journal 2020 345832

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABG SUNDAL COLLIER ASA. Revenue 629.65m NOK → 675.5k NOK (-99.9%). Net result +126.56m NOK → +204.4k NOK. Equity 601.74m NOK → 614.1k NOK.

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 ABG SUNDAL COLLIER ASA.

At a glance

Scorecard

Revenue
629.65m NOK 675.5k NOK
-99.9%
Operating result
n/m +157.71m NOK
—
Net result
+126.56m NOK +204.4k NOK
-99.8%
Equity
601.74m NOK 614.1k NOK
-99.9%
Cash
610.54m NOK 579.24m NOK
-5.1%
Total assets
2.90bn NOK 2.26bn NOK
-22.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 629.65m NOK to 675.5k NOK (-99.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +126.56m NOK → +204.4k NOK (net margin 20.1% → 30.3%). Calculated

  • ↓

    Equity eroded

    Book equity 601.74m NOK → 614.1k NOK (equity ratio 20.8% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 610.54m NOK → 579.24m NOK (-5.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation