FirmaIQ
Org.nr 942 988 419 2018 → 2019 Year-over-year analysis

ABICON AS: årsregnskap 2019 vs 2018

Grew 43% on revenue, returned to profit

approved 2021-04-15; registry 2021-04-19; journal 2021 208084

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABICON AS. Revenue 384.7k NOK → 550.1k NOK (+43.0%). Net result -125.2k NOK → +120.6k NOK. Equity 4.16m NOK → 4.28m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
384.7k NOK 550.1k NOK
+43.0%
Operating result
-125.9k NOK +220.8k NOK
+275.4%
Net result
-125.2k NOK +120.6k NOK
+196.4%
Equity
4.16m NOK 4.28m NOK
+2.9%
Cash
10.1k NOK 10.1k NOK
0.0%
Total assets
4.68m NOK 4.83m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 384.7k NOK to 550.1k NOK (+43.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -125.9k NOK → +220.8k NOK (op. margin -32.7% → 40.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 125.2k NOK to a profit of 120.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.16m NOK → 4.28m NOK (equity ratio 88.9% → 88.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 57.4k NOK → 245.1k NOK. Reported fact