ABOVO AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-05-25; registry 2020-06-09; journal 2020 406711
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABOVO AS. Revenue 781.5k NOK → 797.8k NOK (+2.1%). Net result -53.8k NOK → -75.3k NOK. Equity 176.4k NOK → 101.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABOVO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 781.5k NOK to 797.8k NOK (+2.1% YoY). Calculated
-
↑
Operating result improved
Operating result +13.1k NOK → +17.6k NOK (op. margin 1.7% → 2.2%). Calculated
-
↑
Cash rose
Bank deposits 31.6k NOK → 61.3k NOK (+94.0% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result -53.8k NOK → -75.3k NOK (net margin -6.9% → -9.4%). Calculated
-
↓
Equity eroded
Book equity 176.4k NOK → 101.1k NOK (equity ratio 59.6% → 58.6%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 268.2k NOK → 261.1k NOK (-2.6% YoY). Calculated