ABSEC AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue
approved 2020-03-31; registry 2020-04-18; journal 2020 293977
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABSEC AS. Revenue 963.6k NOK → 1 197 NOK (-99.9%). Equity 33.2k NOK → 107.0k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +36.7k NOK → +90.9k NOK (op. margin 3.8% → 7594.5%). Calculated
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↑
Equity strengthened
Book equity 33.2k NOK → 107.0k NOK (equity ratio 28.8% → 16.0%). Calculated
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↑
Cash rose
Bank deposits 95.7k NOK → 531.5k NOK (+455.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 963.6k NOK to 1 197 NOK (-99.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 201.7k NOK → 217.5k NOK (21% → 18169% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 668.4k NOK → 786.8k NOK (+17.7% YoY). Calculated