ABRAHAMSEN DAGLIGVARE AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, weaker earnings
approved 2020-08-31; registry 2020-09-19; journal 2020 834760
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABRAHAMSEN DAGLIGVARE AS. Revenue 6.27m NOK → 5.74m NOK (-8.5%). Net result +197.7k NOK → +13.4k NOK. Equity 99.1k NOK → 112.5k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN DAGLIGVARE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 99.1k NOK → 112.5k NOK (equity ratio 12.1% → 12.5%). Calculated
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↑
Payroll decreased
Salary cost 728.3k NOK → 601.2k NOK (12% → 10% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.27m NOK to 5.74m NOK (-8.5% YoY). Calculated
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↓
Net result weakened
Net result +197.7k NOK → +13.4k NOK (net margin 3.2% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 122.4k NOK → 86.6k NOK (-29.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.95m NOK → 4.52m NOK (-8.8% YoY). Calculated