FirmaIQ
Org.nr 984 086 822 2018 → 2019 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue

approved 2020-03-17; registry 2020-03-23; journal 2020 251917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABUS ENTREPRENØR AS. Revenue 10.47m NOK → 9.41m NOK (-10.1%). Net result +2.64m NOK → +2.61m NOK. Equity 1.32m NOK → 1.66m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.

At a glance

Scorecard

Revenue
10.47m NOK 9.41m NOK
-10.1%
Operating result
n/m +3.24m NOK
—
Net result
+2.64m NOK +2.61m NOK
-1.4%
Equity
1.32m NOK 1.66m NOK
+25.0%
Cash
5.95m NOK 4.08m NOK
-31.4%
Total assets
8.16m NOK 6.05m NOK
-25.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.32m NOK → 1.66m NOK (equity ratio 16.2% → 27.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.96m NOK → 2.58m NOK (28% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.47m NOK to 9.41m NOK (-10.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 5.95m NOK → 4.08m NOK (-31.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.73m NOK → 2.09m NOK (-23.5% YoY). Calculated