FirmaIQ
Org.nr 979 633 793 2018 → 2019 Year-over-year analysis

ABSOLUT EIENDOM AS: årsregnskap 2019 vs 2018

Grew 108% on revenue, stronger earnings, cash halved-plus

approved 2020-03-31; registry 2020-04-02; journal 2020 273550

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABSOLUT EIENDOM AS. Revenue 262.8k NOK → 546.6k NOK (+108.0%). Net result +150.1k NOK → +400.3k NOK. Equity 4.87m NOK → 5.27m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
262.8k NOK 546.6k NOK
+108.0%
Operating result
n/m -58.0k NOK
—
Net result
+150.1k NOK +400.3k NOK
+166.6%
Equity
4.87m NOK 5.27m NOK
+8.2%
Cash
641.8k NOK 117.7k NOK
-81.7%
Total assets
4.97m NOK 5.93m NOK
+19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 262.8k NOK to 546.6k NOK (+108.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +150.1k NOK → +400.3k NOK (net margin 57.1% → 73.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.87m NOK → 5.27m NOK (equity ratio 97.9% → 88.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 355.8k NOK → 348.4k NOK (135% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 641.8k NOK → 117.7k NOK (-81.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.66m NOK → 4 NOK. Reported fact