FirmaIQ
Org.nr 979 494 432 2018 → 2019 Year-over-year analysis

ABO INSTALLASJON AS: årsregnskap 2019 vs 2018

Shrank 21% on revenue, weaker earnings

approved 2020-06-30; registry 2020-10-05; journal 2020 905843

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABO INSTALLASJON AS. Revenue 19.87m NOK → 15.62m NOK (-21.4%). Net result +2.78m NOK → +1.49m NOK. Equity 4.27m NOK → 3.76m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABO INSTALLASJON AS.

At a glance

Scorecard

Revenue
19.87m NOK 15.62m NOK
-21.4%
Operating result
+3.46m NOK +1.92m NOK
-44.4%
Net result
+2.78m NOK +1.49m NOK
-46.2%
Equity
4.27m NOK 3.76m NOK
-11.9%
Cash
3.78m NOK 3.30m NOK
-12.8%
Total assets
9.51m NOK 7.49m NOK
-21.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 7.20m NOK → 6.54m NOK (36% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.87m NOK to 15.62m NOK (-21.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.46m NOK → +1.92m NOK (op. margin 17.4% → 12.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.78m NOK → +1.49m NOK (net margin 14.0% → 9.6%). Calculated

  • ↓

    Equity eroded

    Book equity 4.27m NOK → 3.76m NOK (equity ratio 44.9% → 50.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.78m NOK → 3.30m NOK (-12.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.11m NOK → 4.98m NOK (-30.0% YoY). Calculated