ABIDE AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, stronger earnings
approved 2020-04-27; registry 2020-04-29; journal 2020 318607
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABIDE AS. Revenue 143.5k NOK → 164.6k NOK (+14.7%). Net result +125.1k NOK → +529.1k NOK. Equity 4.85m NOK → 4.95m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 143.5k NOK to 164.6k NOK (+14.7% YoY). Calculated
-
↑
Operating result improved
Operating result +86.6k NOK → +134.7k NOK (op. margin 60.4% → 81.8%). Calculated
-
↑
Net result improved
Net result +125.1k NOK → +529.1k NOK (net margin 87.2% → 321.4%). Calculated
-
↑
Equity strengthened
Book equity 4.85m NOK → 4.95m NOK (equity ratio 92.6% → 99.1%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 5.23m NOK → 3.12m NOK (-40.4% YoY). Calculated