ABS-MASKIN AS: årsregnskap 2019 vs 2018
Grew 21% on revenue, cash halved-plus
approved 2020-08-31; registry 2020-09-19; journal 2020 827954
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABS-MASKIN AS. Revenue 42.04m NOK → 50.93m NOK (+21.2%). Equity 2.57m NOK → 4.00m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABS-MASKIN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 42.04m NOK to 50.93m NOK (+21.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.57m NOK → 4.00m NOK (equity ratio 5.3% → 14.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 19.21m NOK → 7 471 NOK (-100.0% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (19.21m NOK → 7 471 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS moved
COGS / varekostnad 30.92m NOK → 35.70m NOK (+15.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.34m NOK → 1.01m NOK. Reported fact