ABO SERVICE AS: årsregnskap 2019 vs 2018
Shrank 11% on revenue
approved 2020-06-30; registry 2021-03-29; journal 2021 172559
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABO SERVICE AS. Revenue 3.83m NOK → 3.41m NOK (-10.8%). Equity 826.3k NOK → 800.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.83m NOK
3.41m NOK
-10.8%
Equity
826.3k NOK
800.4k NOK
-3.1%
Cash
186.8k NOK
3.15m NOK
+1585.8%
Total assets
2.10m NOK
1.88m NOK
-10.7%
What improved
-
↑
Cash rose
Bank deposits 186.8k NOK → 3.15m NOK (+1585.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.42m NOK → 2.26m NOK (63% → 66% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.83m NOK to 3.41m NOK (-10.8% YoY). Calculated
-
↓
Equity eroded
Book equity 826.3k NOK → 800.4k NOK (equity ratio 39.3% → 42.6%). Calculated