FirmaIQ
Org.nr 962 238 742 2018 → 2019 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2019 vs 2018

Grew 57% on revenue, fresh owner capital

approved 2020-06-19; registry 2020-07-06; journal 2020 538871

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABL GROUP NORWAY AS. Revenue 25.41m NOK → 39.85m NOK (+56.8%). Net result +3.48m NOK → +3.05m NOK. Equity 2.68m NOK → 12.19m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: net result weakened.

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

At a glance

Scorecard

Revenue
25.41m NOK 39.85m NOK
+56.8%
Operating result
n/m +3.28m NOK
—
Net result
+3.48m NOK +3.05m NOK
-12.2%
Equity
2.68m NOK 12.19m NOK
+355.0%
Total assets
13.35m NOK 22.20m NOK
+66.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.41m NOK to 39.85m NOK (+56.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.68m NOK → 12.19m NOK (equity ratio 20.1% → 54.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.68m NOK → 12.19m NOK (+9.51m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +3.48m NOK → +3.05m NOK (net margin 13.7% → 7.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.02m NOK → 18.71m NOK (35% → 47% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8.84m NOK → 14.03m NOK (+58.7% YoY). Calculated