Org.nr 914 735 246 2018 → 2019 Year-over-year analysis

ABSOLUMENT AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-08-31; registry 2020-09-07; journal 2020 765718

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABSOLUMENT AS. Net result -16.1k NOK → +17.1k NOK. Equity 9 317 NOK → 26.5k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUMENT AS.

Scorecard

Operating result
+41.6k NOK -13.2k NOK
-131.7%
Net result
-16.1k NOK +17.1k NOK
+206.2%
Equity
9 317 NOK 26.5k NOK
+184.1%
Cash
45.1k NOK 35.0k NOK
-22.5%
Total assets
222.4k NOK 239.6k NOK
+7.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 16.1k NOK to a profit of 17.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 9 317 NOK → 26.5k NOK (equity ratio 4.2% → 11.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +41.6k NOK → -13.2k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 45.1k NOK → 35.0k NOK (-22.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 71.2k NOK → 98.5k NOK. Reported fact