FirmaIQ
Org.nr 988 121 541 2018 → 2019 Year-over-year analysis

ABT ANLEGGSGARTNER AS: årsregnskap 2019 vs 2018

Shrank 25% on revenue, slipped into loss, cash halved-plus

approved 2020-08-31; registry 2020-10-01; journal 2020 881914

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABT ANLEGGSGARTNER AS. Revenue 12.20m NOK → 9.11m NOK (-25.3%). Net result +453.4k NOK → -1.28m NOK. Equity 1.69m NOK → 418.5k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABT ANLEGGSGARTNER AS.

At a glance

Scorecard

Revenue
12.20m NOK 9.11m NOK
-25.3%
Operating result
n/m -1.16m NOK
—
Net result
+453.4k NOK -1.28m NOK
-381.5%
Equity
1.69m NOK 418.5k NOK
-75.3%
Cash
659.8k NOK 110.2k NOK
-83.3%
Total assets
5.22m NOK 4.58m NOK
-12.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.20m NOK to 9.11m NOK (-25.3% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 453.4k NOK profit to a loss of 1.28m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.69m NOK → 418.5k NOK (equity ratio 32.4% → 9.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 659.8k NOK → 110.2k NOK (-83.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 478.8k NOK → 538.5k NOK. Reported fact