ABIRAMY AS: årsregnskap 2019 vs 2018
Grew 288007% on revenue, slipped into loss
approved 2020-05-29; registry 2020-06-11; journal 2020 422136
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABIRAMY AS. Revenue 1 263 NOK → 3.64m NOK (+288007.2%). Net result +107.2k NOK → -115.4k NOK. Equity 77.2k NOK → -38.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABIRAMY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 263 NOK to 3.64m NOK (+288007.2% YoY). Calculated
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↑
Cash rose
Bank deposits 1 194 NOK → 143.3k NOK (+11901.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +145.9k NOK → -73.0k NOK (op. margin 11551.5% → -2.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 107.2k NOK profit to a loss of 115.4k NOK. Calculated
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↓
Equity eroded
Book equity 77.2k NOK → -38.1k NOK (equity ratio 9.4% → -5.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1 059 NOK → 3.10m NOK (+292694.5% YoY). Calculated