ABSOLUIT AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-08-18; registry 2020-09-16; journal 2020 821461
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABSOLUIT AS. Revenue 1.62m NOK → 1.62m NOK (-0.2%). Net result +48.7k NOK → +139.8k NOK. Equity 88.8k NOK → 228.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSOLUIT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +61.7k NOK → +178.7k NOK (op. margin 3.8% → 11.0%). Calculated
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↑
Net result improved
Net result +48.7k NOK → +139.8k NOK (net margin 3.0% → 8.6%). Calculated
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↑
Equity strengthened
Book equity 88.8k NOK → 228.5k NOK (equity ratio 27.5% → 14.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.62m NOK to 1.62m NOK (-0.2% YoY). Calculated
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↓
Cash fell
Bank deposits 59.2k NOK → 33.1k NOK (-44.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.68m NOK → 1.44m NOK (-14.3% YoY). Calculated