Org.nr 920 262 112 2018 → 2019 Year-over-year analysis

ABOKAT EIENDOM AS: årsregnskap 2019 vs 2018

Grew 241% on revenue

approved 2020-08-31; registry 2020-09-19; journal 2020 840556

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABOKAT EIENDOM AS. Revenue 788.1k NOK → 2.69m NOK (+241.1%). Equity 5.29m NOK → 407.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABOKAT EIENDOM AS.

Scorecard

Revenue
788.1k NOK 2.69m NOK
+241.1%
Operating result
+572.3k NOK +540.5k NOK
-5.6%
Net result
n/m +79.7k NOK
—
Equity
5.29m NOK 407.2k NOK
-92.3%
Cash
243.8k NOK 498.3k NOK
+104.4%
Total assets
9.17m NOK 7.44m NOK
-18.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 788.1k NOK to 2.69m NOK (+241.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 243.8k NOK → 498.3k NOK (+104.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +572.3k NOK → +540.5k NOK (op. margin 72.6% → 20.1%). Calculated

  • ↓

    Equity eroded

    Book equity 5.29m NOK → 407.2k NOK (equity ratio 57.6% → 5.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 153 NOK → 892.2k NOK (0% → 33% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 117.9k NOK → 29.5k NOK (-75.0% YoY). Calculated