ABVK HOLDING AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2020-05-06; registry 2020-06-18; journal 2020 456773
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABVK HOLDING AS. Revenue 6 NOK → 0 NOK (-100.0%). Net result +136.5k NOK → +26.3k NOK. Equity 1.04m NOK → 1.02m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
6 NOK
0 NOK
-100.0%
Operating result
+22.6k NOK
+20.3k NOK
-10.2%
Net result
+136.5k NOK
+26.3k NOK
-80.7%
Equity
1.04m NOK
1.02m NOK
-1.9%
Cash
21.8k NOK
8 445 NOK
-61.3%
Total assets
2.19m NOK
1.97m NOK
-9.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6 NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +22.6k NOK → +20.3k NOK. Calculated
-
↓
Net result weakened
Net result +136.5k NOK → +26.3k NOK. Calculated
-
↓
Equity eroded
Book equity 1.04m NOK → 1.02m NOK (equity ratio 47.7% → 51.9%). Calculated
-
↓
Cash fell
Bank deposits 21.8k NOK → 8 445 NOK (-61.3% YoY). Calculated