Org.nr 990 981 760 2018 → 2019 Year-over-year analysis

ABS SHOOTING AS: årsregnskap 2019 vs 2018

Grew 28% on revenue

approved 2020-05-05; registry 2020-05-12; journal 2020 347634

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABS SHOOTING AS. Revenue 5.89m NOK → 7.56m NOK (+28.4%). Equity 1.31m NOK → 1.51m NOK.

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

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

At a glance

Revenue

5.89m NOK 7.56m NOK

+28.4%

Operating result

+5 559 NOK +374.1k NOK

+6630.1%

Net result

n/m +300.9k NOK

—

Equity

1.31m NOK 1.51m NOK

+15.4%

Cash

433.6k NOK 622.1k NOK

+43.5%

Total assets

2.31m NOK 2.76m NOK

+19.5%

↑
Revenue rose

Operating income / revenue moved from 5.89m NOK to 7.56m NOK (+28.4% YoY). Calculated
↑
Operating result improved

Operating result +5 559 NOK → +374.1k NOK (op. margin 0.1% → 4.9%). Calculated
↑
Equity strengthened

Book equity 1.31m NOK → 1.51m NOK (equity ratio 56.7% → 54.7%). Calculated
↑
Cash rose

Bank deposits 433.6k NOK → 622.1k NOK (+43.5% YoY). Calculated

·
Payroll increased

Salary cost 488.2k NOK → 550.2k NOK (8% → 7% of revenue). Calculated
·
COGS moved

COGS / varekostnad 4.88m NOK → 6.11m NOK (+25.2% YoY). Calculated