Org.nr 920 427 723 2018 → 2019 Year-over-year analysis

ABONA AS: årsregnskap 2019 vs 2018

Grew 739% on revenue, stronger earnings, fresh owner capital

approved 2020-01-24; registry 2020-01-27; journal 2020 203694

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABONA AS. Revenue 1.08m NOK → 9.07m NOK (+739.4%). Net result +15.1k NOK → +123.7k NOK. Equity 45.1k NOK → 588.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABONA AS.

Scorecard

Revenue
1.08m NOK 9.07m NOK
+739.4%
Operating result
+17.8k NOK +158.5k NOK
+790.4%
Net result
+15.1k NOK +123.7k NOK
+719.6%
Equity
45.1k NOK 588.8k NOK
+1205.8%
Cash
25.3k NOK 208.4k NOK
+723.8%
Total assets
292.7k NOK 69.6k NOK
-76.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.08m NOK to 9.07m NOK (+739.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +17.8k NOK → +158.5k NOK (op. margin 1.6% → 1.7%). Calculated

  • ↑

    Net result improved

    Net result +15.1k NOK → +123.7k NOK (net margin 1.4% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 45.1k NOK → 588.8k NOK (equity ratio 15.4% → 845.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 25.3k NOK → 208.4k NOK (+723.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 703 NOK → 2.58m NOK (1% → 28% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 799.8k NOK → 216.3k NOK (-73.0% YoY). Calculated