FirmaIQ
Org.nr 987 245 700 2018 → 2019 Year-over-year analysis

ABYSS AKVASERVICE AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-03-20; registry 2020-06-11; journal 2020 416022

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABYSS AKVASERVICE AS. Revenue 14.22bn NOK → 14.23bn NOK (+0.1%). Net result +14.67m NOK → +29.50m NOK. Equity 8.12m NOK → 8.15bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
14.22bn NOK 14.23bn NOK
+0.1%
Operating result
n/m +44.10m NOK
—
Net result
+14.67m NOK +29.50m NOK
+101.0%
Equity
8.12m NOK 8.15bn NOK
+100263.3%
Cash
7.09m NOK 3.41m NOK
-51.9%
Total assets
371.57m NOK 348.38m NOK
-6.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.22bn NOK to 14.23bn NOK (+0.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +14.67m NOK → +29.50m NOK (net margin 0.1% → 0.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.12m NOK → 8.15bn NOK (equity ratio 2.2% → 2339.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.78× → 1.34×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 7.09m NOK → 3.41m NOK (-51.9% YoY). Calculated