FirmaIQ
Org.nr 929 378 024 2018 → 2019 Year-over-year analysis

ABSALONSEN TRANSPORT AS: årsregnskap 2019 vs 2018

Shrank 88% on revenue, weaker earnings

approved 2020-09-26; registry 2020-10-03; journal 2020 897561

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABSALONSEN TRANSPORT AS. Revenue 375.2k NOK → 45.0k NOK (-88.0%). Net result +86.0k NOK → +7 828 NOK. Equity -479.0k NOK → -471.2k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
375.2k NOK 45.0k NOK
-88.0%
Operating result
+136.6k NOK +60.5k NOK
-55.7%
Net result
+86.0k NOK +7 828 NOK
-90.9%
Equity
-479.0k NOK -471.2k NOK
+1.6%
Cash
1 748 NOK 1 749 NOK
+0.1%
Total assets
57.2k NOK 191.1k NOK
+233.9%

What improved

  • ↑

    Equity strengthened

    Book equity -479.0k NOK → -471.2k NOK (equity ratio -836.9% → -246.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 375.2k NOK to 45.0k NOK (-88.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +136.6k NOK → +60.5k NOK (op. margin 36.4% → 134.6%). Calculated

  • ↓

    Net result weakened

    Net result +86.0k NOK → +7 828 NOK (net margin 22.9% → 17.4%). Calculated