FirmaIQ
Org.nr 919 785 640 2018 → 2019 Year-over-year analysis

ABV AS: årsregnskap 2019 vs 2018

Grew 5% on revenue, stronger earnings

approved 2020-05-12; registry 2020-05-20; journal 2020 361051

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABV AS. Revenue 36.99m NOK → 38.99m NOK (+5.4%). Net result +1.73m NOK → +2.56m NOK. Equity 2.75m NOK → 4.50m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABV AS.

At a glance

Scorecard

Revenue
36.99m NOK 38.99m NOK
+5.4%
Operating result
+2.59m NOK +3.67m NOK
+41.7%
Net result
+1.73m NOK +2.56m NOK
+48.1%
Equity
2.75m NOK 4.50m NOK
+64.1%
Cash
5.02m NOK 5.18m NOK
+3.2%
Total assets
15.67m NOK 15.47m NOK
-1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.99m NOK to 38.99m NOK (+5.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.59m NOK → +3.67m NOK (op. margin 7.0% → 9.4%). Calculated

  • ↑

    Net result improved

    Net result +1.73m NOK → +2.56m NOK (net margin 4.7% → 6.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.75m NOK → 4.50m NOK (equity ratio 17.5% → 29.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.02m NOK → 5.18m NOK (+3.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 18.02m NOK → 18.28m NOK (49% → 47% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.55m NOK → 10.13m NOK (+6.1% YoY). Calculated