FirmaIQ
Org.nr 998 751 179 2018 → 2019 Year-over-year analysis

ABK RENHOLD AS: årsregnskap 2019 vs 2018

Grew 48% on revenue, stronger earnings

approved 2020-07-15; registry 2020-08-06; journal 2020 654446

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABK RENHOLD AS. Revenue 3.94m NOK → 5.85m NOK (+48.4%). Net result +320.4k NOK → +676.5k NOK. Equity 1 123 NOK → 1.80m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABK RENHOLD AS.

At a glance

Scorecard

Revenue
3.94m NOK 5.85m NOK
+48.4%
Operating result
+432.1k NOK +866.5k NOK
+100.6%
Net result
+320.4k NOK +676.5k NOK
+111.1%
Equity
1 123 NOK 1.80m NOK
+160201.4%
Cash
1.13m NOK 2.12m NOK
+87.0%
Total assets
1.81m NOK 2.74m NOK
+51.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.94m NOK to 5.85m NOK (+48.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +432.1k NOK → +866.5k NOK (op. margin 11.0% → 14.8%). Calculated

  • ↑

    Net result improved

    Net result +320.4k NOK → +676.5k NOK (net margin 8.1% → 11.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 123 NOK → 1.80m NOK (equity ratio 0.1% → 65.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.13m NOK → 2.12m NOK (+87.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.88m NOK → 4.23m NOK (73% → 72% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 40.0k NOK → 54.7k NOK (+36.9% YoY). Calculated