ABILDSØ ELEKTRISKE AS: årsregnskap 2019 vs 2018
Grew 14% on revenue, weaker earnings
approved 2020-05-05; registry 2020-06-08; journal 2020 400301
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABILDSØ ELEKTRISKE AS. Revenue 34.92m NOK → 39.66m NOK (+13.6%). Net result +862.5k NOK → +353.9k NOK. Equity 2.88m NOK → 3.23m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABILDSØ ELEKTRISKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 34.92m NOK to 39.66m NOK (+13.6% YoY). Calculated
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↑
Equity strengthened
Book equity 2.88m NOK → 3.23m NOK (equity ratio 30.2% → 25.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.11m NOK → +475.8k NOK (op. margin 3.2% → 1.2%). Calculated
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↓
Net result weakened
Net result +862.5k NOK → +353.9k NOK (net margin 2.5% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 2.92m NOK → 2.52m NOK (-13.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 12.99m NOK → 15.84m NOK (37% → 40% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 264.0k NOK → 192.0k NOK. Reported fact