FirmaIQ
Org.nr 995 901 846 2018 → 2019 Year-over-year analysis

ABIA AS: årsregnskap 2019 vs 2018

Shrank 92% on revenue, slipped into loss, cash halved-plus

approved 2020-08-27; registry 2020-09-03; journal 2020 740148

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABIA AS. Revenue 237.0k NOK → 20.1k NOK (-91.5%). Net result +62.4k NOK → -174 NOK. Equity 87.8k NOK → 87.6k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
237.0k NOK 20.1k NOK
-91.5%
Operating result
+89.3k NOK -267 NOK
-100.3%
Net result
+62.4k NOK -174 NOK
-100.3%
Equity
87.8k NOK 87.6k NOK
-0.2%
Cash
177.4k NOK 57.3k NOK
-67.7%
Total assets
251.2k NOK 94.3k NOK
-62.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 188.6k NOK → 38.2k NOK (80% → 190% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 237.0k NOK to 20.1k NOK (-91.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +89.3k NOK → -267 NOK (op. margin 37.7% → -1.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 62.4k NOK profit to a loss of 174 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 177.4k NOK → 57.3k NOK (-67.7% YoY). Calculated