ABOTNES AS: årsregnskap 2019 vs 2018
Grew 440% on revenue, stronger earnings
approved 2020-05-15; registry 2020-06-16; journal 2020 437125
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABOTNES AS. Revenue 180.0k NOK → 972.7k NOK (+440.4%). Net result +1.92m NOK → +6.22m NOK. Equity 4.10m NOK → 4.32m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABOTNES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 180.0k NOK to 972.7k NOK (+440.4% YoY). Calculated
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Operating result improved
Operating result -44.6k NOK → +270.5k NOK (op. margin -24.8% → 27.8%). Calculated
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Net result improved
Net result +1.92m NOK → +6.22m NOK (net margin 1065.3% → 639.3%). Calculated
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Equity strengthened
Book equity 4.10m NOK → 4.32m NOK (equity ratio 96.3% → 94.8%). Calculated
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Cash rose
Bank deposits 3.22m NOK → 3.42m NOK (+6.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 52.7k NOK → 1.53m NOK (29% → 157% of revenue). Calculated