ABK-QVILLER AS: årsregnskap 2019 vs 2018
Grew 13% on revenue, cash halved-plus
approved 2020-03-23; registry 2020-05-14; journal 2020 353739
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABK-QVILLER AS. Revenue 539.4k NOK → 607.1k NOK (+12.6%). Equity 130.1k NOK → 134.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ABK-QVILLER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 539.4k NOK to 607.1k NOK (+12.6% YoY). Calculated
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↑
Equity strengthened
Book equity 130.1k NOK → 134.0k NOK (equity ratio 46.9% → 0.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 73.80m NOK → 36.84m NOK (-50.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 500 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 85.06m NOK → 10.11bn NOK (15769% → 1665164% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 320.1k NOK → 367.0k NOK (+14.6% YoY). Calculated