ABRAHAMS HUS AS: årsregnskap 2019 vs 2018
Shrank 84% on revenue, slipped into loss
approved 2020-05-30; registry 2020-06-11; journal 2020 423849
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABRAHAMS HUS AS. Revenue 1.95m NOK → 313.2k NOK (-83.9%). Net result +193.8k NOK → -122.6k NOK. Equity 270.7k NOK → 250.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 4.75m NOK → 4 746 NOK (243% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.95m NOK to 313.2k NOK (-83.9% YoY). Calculated
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↓
Operating result weakened
Operating result +218.1k NOK → -110.6k NOK (op. margin 11.2% → -35.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 193.8k NOK profit to a loss of 122.6k NOK. Calculated
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↓
Equity eroded
Book equity 270.7k NOK → 250.0k NOK (equity ratio 73.2% → 161.7%). Calculated
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↓
Cash fell
Bank deposits 70.7k NOK → 50.0k NOK (-29.3% YoY). Calculated