FirmaIQ
Org.nr 982 897 653 2018 → 2019 Year-over-year analysis

ABRY KAVANAGH SOLUTIONS AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2020-06-22; registry 2020-06-29; journal 2020 506625

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABRY KAVANAGH SOLUTIONS AS. Revenue 171.9k NOK → 171 NOK (-99.9%). Net result +128.6k NOK → +5 915 NOK. Equity 74.7k NOK → 68.8k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
171.9k NOK 171 NOK
-99.9%
Operating result
+166.9k NOK -5 979 NOK
-103.6%
Net result
+128.6k NOK +5 915 NOK
-95.4%
Equity
74.7k NOK 68.8k NOK
-7.9%
Cash
308.2k NOK 69.3k NOK
-77.5%
Total assets
319.2k NOK 263.3k NOK
-17.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 171.9k NOK to 171 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +166.9k NOK → -5 979 NOK (op. margin 97.1% → -3496.5%). Calculated

  • ↓

    Net result weakened

    Net result +128.6k NOK → +5 915 NOK (net margin 74.8% → 3459.1%). Calculated

  • ↓

    Equity eroded

    Book equity 74.7k NOK → 68.8k NOK (equity ratio 23.4% → 26.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 308.2k NOK → 69.3k NOK (-77.5% YoY). Calculated