ABO MASKIN AS: årsregnskap 2019 vs 2018
Grew 11% on revenue, weaker earnings
approved 2020-03-29; registry 2020-04-02; journal 2020 270421
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABO MASKIN AS. Revenue 2.51m NOK → 2.77m NOK (+10.6%). Net result +330.5k NOK → +147.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.51m NOK to 2.77m NOK (+10.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +427.1k NOK → +197.7k NOK (op. margin 17.0% → 7.1%). Calculated
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↓
Net result weakened
Net result +330.5k NOK → +147.0k NOK (net margin 13.2% → 5.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 629.3k NOK → 757.0k NOK (25% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 478.7k NOK → 681.7k NOK (+42.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 213.7k NOK → 351.8k NOK. Reported fact