Org.nr 982 753 589 2018 → 2019 Year-over-year analysis

ABORA PROSJEKT AS: årsregnskap 2019 vs 2018

Grew 17% on revenue

approved 2020-04-24; registry 2020-05-26; journal 2020 366779

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABORA PROSJEKT AS. Revenue 43.73m NOK → 50.97m NOK (+16.6%). Equity 4.86m NOK → 5.20m NOK.

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

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

At a glance

Revenue

43.73m NOK 50.97m NOK

+16.6%

Operating result

+1.48m NOK +394.4k NOK

-73.3%

Net result

n/m +335.5k NOK

—

Equity

4.86m NOK 5.20m NOK

+6.9%

Cash

4.83m NOK 7.10m NOK

+47.2%

Total assets

13.05m NOK 15.24m NOK

+16.8%

↑
Revenue rose

Operating income / revenue moved from 43.73m NOK to 50.97m NOK (+16.6% YoY). Calculated
↑
Equity strengthened

Book equity 4.86m NOK → 5.20m NOK (equity ratio 37.3% → 34.1%). Calculated
↑
Cash rose

Bank deposits 4.83m NOK → 7.10m NOK (+47.2% YoY). Calculated

↓
Operating result weakened

Operating result +1.48m NOK → +394.4k NOK (op. margin 3.4% → 0.8%). Calculated

·
Payroll increased

Salary cost 16.79m NOK → 17.80m NOK (38% → 35% of revenue). Calculated
·
COGS moved

COGS / varekostnad 22.12m NOK → 29.32m NOK (+32.6% YoY). Calculated