ABK RØRSERVICE AS: årsregnskap 2019 vs 2018
Shrank 35% on revenue, slipped into loss
approved 2020-06-12; registry 2020-06-24; journal 2020 483154
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABK RØRSERVICE AS. Revenue 4.24m NOK → 2.77m NOK (-34.6%). Net result +339.1k NOK → -174.3k NOK. Equity 2.44m NOK → 2.27m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABK RØRSERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 935.8k NOK → 1.31m NOK (+40.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.24m NOK to 2.77m NOK (-34.6% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 339.1k NOK profit to a loss of 174.3k NOK. Calculated
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↓
Equity eroded
Book equity 2.44m NOK → 2.27m NOK (equity ratio 66.4% → 82.0%). Calculated
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↓
COGS moved
COGS / varekostnad 381.0k NOK → 884.9k NOK (+132.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 200 NOK → 55.0k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 2.5 → 2. Reported fact