FirmaIQ
Org.nr 813 801 752 2018 → 2019 Year-over-year analysis

ABRAHAMSEN RESTAURANTDRIFT AS: årsregnskap 2019 vs 2018

Grew 13% on revenue, stronger earnings

approved 2020-08-20; registry 2020-09-19; journal 2020 828132

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABRAHAMSEN RESTAURANTDRIFT AS. Revenue 8.48m NOK → 9.59m NOK (+13.1%). Net result +67.6k NOK → +1.54m NOK. Equity 2.49m NOK → 3.72m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN RESTAURANTDRIFT AS.

At a glance

Scorecard

Revenue
8.48m NOK 9.59m NOK
+13.1%
Operating result
+387.8k NOK +1.96m NOK
+405.6%
Net result
+67.6k NOK +1.54m NOK
+2173.1%
Equity
2.49m NOK 3.72m NOK
+49.8%
Cash
3.73m NOK 5.22m NOK
+39.8%
Total assets
4.07m NOK 5.57m NOK
+36.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.48m NOK to 9.59m NOK (+13.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +387.8k NOK → +1.96m NOK (op. margin 4.6% → 20.4%). Calculated

  • ↑

    Net result improved

    Net result +67.6k NOK → +1.54m NOK (net margin 0.8% → 16.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.49m NOK → 3.72m NOK (equity ratio 61.0% → 66.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.73m NOK → 5.22m NOK (+39.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.02m NOK → 4.34m NOK (47% → 45% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.87m NOK → 2.06m NOK (+10.0% YoY). Calculated