Org.nr 994 985 108 2018 → 2019 Year-over-year analysis

ABS AS: årsregnskap 2019 vs 2018

Grew 42% on revenue

approved 2020-04-29; registry 2020-07-18; journal 2020 585196

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABS AS. Revenue 54.29m NOK → 76.95m NOK (+41.7%).

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABS AS.

At a glance

Revenue

54.29m NOK 76.95m NOK

+41.7%

Operating result

+4.77m NOK +4.35m NOK

-8.9%

Net result

n/m +2.74m NOK

—

Cash

566.7k NOK 661.7k NOK

+16.8%

Total assets

30.60m NOK 37.37m NOK

+22.1%

↑
Revenue rose

Operating income / revenue moved from 54.29m NOK to 76.95m NOK (+41.7% YoY). Calculated
↑
Cash rose

Bank deposits 566.7k NOK → 661.7k NOK (+16.8% YoY). Calculated

↓
Operating result weakened

Operating result +4.77m NOK → +4.35m NOK (op. margin 8.8% → 5.7%). Calculated

·
Payroll increased

Salary cost 17.42m NOK → 18.77m NOK (32% → 24% of revenue). Calculated
·
COGS moved

COGS / varekostnad 25.41m NOK → 49.65m NOK (+95.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 184.0k NOK → 138.0k NOK. Reported fact