ABRAHAMSEN BYGG OG VEDLIKEHOLD AS: årsregnskap 2019 vs 2018
Grew 25% on revenue, stronger earnings
approved 2020-07-08; registry 2020-08-31; journal 2020 716999
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS. Revenue 1.76m NOK → 2.20m NOK (+25.0%). Net result +41.3k NOK → +232.8k NOK. Equity 257.5k NOK → 250.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.76m NOK to 2.20m NOK (+25.0% YoY). Calculated
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Operating result improved
Operating result +65.3k NOK → +308.3k NOK (op. margin 3.7% → 14.0%). Calculated
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Net result improved
Net result +41.3k NOK → +232.8k NOK (net margin 2.4% → 10.6%). Calculated
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Payroll decreased
Salary cost 1.35m NOK → 508.4k NOK (77% → 23% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 257.5k NOK → 250.3k NOK (equity ratio 35.0% → 1674.3%). Calculated
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↓
Cash fell
Bank deposits 220.1k NOK → 190.5k NOK (-13.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 926.9k NOK → 1000.0k NOK (+7.9% YoY). Calculated