FirmaIQ
Org.nr 990 025 452 2018 → 2019 Year-over-year analysis

ABUNDANTIA AS: årsregnskap 2019 vs 2018

Grew 14% on revenue, weaker earnings

approved 2020-08-31; registry 2020-09-16; journal 2020 821143

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABUNDANTIA AS. Revenue 702.4k NOK → 798.9k NOK (+13.7%). Net result +164.2k NOK → +29.0k NOK. Equity 657.6k NOK → 628.6k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABUNDANTIA AS.

At a glance

Scorecard

Revenue
702.4k NOK 798.9k NOK
+13.7%
Operating result
+209.3k NOK +31.7k NOK
-84.9%
Net result
+164.2k NOK +29.0k NOK
-82.4%
Equity
657.6k NOK 628.6k NOK
-4.4%
Cash
97.2k NOK 1.02m NOK
+946.5%
Total assets
1.27m NOK 1.21m NOK
-4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 702.4k NOK to 798.9k NOK (+13.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 97.2k NOK → 1.02m NOK (+946.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +209.3k NOK → +31.7k NOK (op. margin 29.8% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +164.2k NOK → +29.0k NOK (net margin 23.4% → 3.6%). Calculated

  • ↓

    Equity eroded

    Book equity 657.6k NOK → 628.6k NOK (equity ratio 51.7% → 51.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 372.7k NOK → 756.4k NOK (53% → 95% of revenue). Calculated